In 2023, Japan imported approximately 6.95 million kilograms of plate, sheet, strip of refined copper in coils. The forecast for 2024 projects an import volume of 7.19 million kilograms, marking an increase of approximately 3.5% compared to 2023. Subsequent years show steady growth with projections reaching 8.218 million kilograms by 2028, reflecting a compound annual growth rate (CAGR) of around 3.3% from 2024 to 2028.
Future trends to watch for include:
- Impact of technological advancements on copper demand.
- Shifts in trade policies affecting copper imports and exports.
- Environmental regulations influencing industry practices and material preferences.