The global export landscape for backed foil of refined copper reveals dominant leadership by China, accounting for the overwhelming share in 2023, albeit with a slight decrease of 1.97%. Thailand and Slovenia exhibited small but notable increases in export volume, with Thailand rising by 3.33% and Slovenia by 4.4%. Remarkably, Croatia showed a dramatic surge of 2560%, albeit from a significantly smaller base. Countries like Japan, Germany, Singapore, and Belgium experienced noticeable declines, with Belgium having the largest reduction amongst these at 10.01%. The overall market indicates fluctuating trends with certain countries gaining competitive advantage while others are struggling to maintain their positions.
Looking forward, potential factors impacting the global export of backed foil of refined copper include evolving demand tied to electronic and renewable energy technologies, trade policy changes, and copper price volatility. Future trends show that China will likely remain a significant exporter, but emerging markets warrant close monitoring due to increased industrialization. Additionally, sustainable practices and innovation in production processes may shift dynamics, with ES&G considerations potentially affecting consumer choice and international regulations.
Top countries in Export of Backed Foil of Refined Copper by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 86,625,000 | 2023 | -2.11% | -1.97% | View data |
| 2 | 2 Thailand | 13,450,000 | 2023 | +3.11% | +3.33% | View data |
| 3 | 3 Japan | 8,134,900 | 2023 | -2.3% | -3.09% | View data |
| 4 | 4 Germany | 1,737,700 | 2023 | -11.33% | -9.25% | View data |
| 5 | 5 Austria | 1,160,100 | 2023 | -2.27% | -2.37% | View data |
| 6 | 6 Singapore | 729,190 | 2023 | -10.66% | -7.08% | View data |
| 7 | 7 Canada | 629,770 | 2023 | +1.77% | +3.02% | View data |
| 8 | 8 Slovenia | 324,720 | 2023 | +2.76% | +4.4% | View data |
| 9 | 9 Belgium | 324,250 | 2023 | -12.38% | -10.01% | View data |
| 10 | 10 Croatia | 52,970 | 2023 | +1.91% | +2560% | View data |
