In 2023, the import value of copper powders of lamellar structure and flakes to China stood at an estimated 12.708 million USD. By 2024, forecasts predict this will rise to 13.077 million USD, marking a 2.9% year-on-year increase. The trend continues with annual growth of approximately 2.9% to 3.1% through to 2028, where the import value is projected to reach 14.561 million USD. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 2.8%.
Future trends to monitor include:
- Rising demand in electronics and renewable energy sectors which might further drive imports.
- Impact of global trade policies or tariffs on import costs and volumes.
- Technological advancements in copper powder applications impacting demand.
- China's domestic copper production capabilities potentially affecting import levels.