China leads the global import market for copper-nickel alloys, importing more than double the value of the next largest importer, the United States. Growth varied significantly across countries in 2023, with India and Japan marking notable increases of over 10%. Conversely, South Korea experienced a decline of 19.02%, and Canada dropped by 16.42%. European markets showed mixed results, with minor growth in the United Kingdom and declines in Poland.
Going forward, trends to watch include potential growth from emerging markets like Qatar and Saudi Arabia, while established markets such as South Korea and Canada might stabilize after recent downturns. Additionally, the diversification of suppliers and shifts in geopolitical dynamics may influence future patterns.
Top countries in Import of Plate, Sheet, Strip of Copper Nickel Alloys by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 174,490,000 | 2023 | +3.65% | +3.05% | View data |
| 2 | 2 United States | 81,680,000 | 2023 | +3.49% | +2.31% | View data |
| 3 | 3 Switzerland | 59,176,000 | 2023 | +2.71% | +0.29% | View data |
| 4 | 4 Thailand | 56,435,000 | 2023 | +4.63% | +2.41% | View data |
| 5 | 5 Germany | 49,864,000 | 2023 | +3.59% | +2.49% | View data |
| 6 | 6 United Kingdom | 39,148,000 | 2023 | +4.24% | +0.36% | View data |
| 7 | 7 Italy | 38,976,000 | 2023 | +1.64% | +0.26% | View data |
| 8 | 8 Spain | 38,188,000 | 2023 | +2.87% | +2.53% | View data |
| 9 | 9 Singapore | 25,973,000 | 2023 | +3.5% | +5.39% | View data |
| 10 | 10 India | 25,375,000 | 2023 | +3.44% | +10.69% | View data |
