In 2023, the import of Copper-Nickel or Copper-Nickel-Zinc base alloy wire to Germany stood at 413.00 thousand kilograms. The forecast data for 2024 onwards show a steady increase in import volume, starting from 415.42 thousand kilograms in 2024 to 423.73 thousand kilograms in 2028, indicating a gradual upward trend. Year-on-year growth rates from 2024 to 2028 average around 0.56%, demonstrating stable demand in Germany over this period. The 5-year compound annual growth rate (CAGR) for this series is approximately 0.52%.
Future trends to watch for include:
- Potential fluctuations in global copper prices which could impact import volumes.
- Technological advancements that may influence demand for copper-nickel alloys.
- Policy changes within the EU regarding import tariffs or regulations.
