In 2023, Germany imported unwrought copper billets valued at approximately 13.75 million USD. The forecasted data for 2024 to 2028 shows a declining trend in imports, with a significant year-on-year decrease observed each year: 9.45% in 2025, 10.24% in 2026, 11.15% in 2027, and 12.29% in 2028. Over this forecast period, the cumulative annual growth rate (CAGR) suggests an average annual decline of about 9.91%.
Future trends to watch for include:
- Potential economic shifts or trade policies impacting copper demand in Germany.
- Innovations in copper alternatives or recycling that might affect the importation rate.
- Macroeconomic factors or industry demands influencing copper consumption patterns.