As of 2023, Germany imported approximately 74 million kilograms of copper and copper alloy bars, rods, profiles, and hollow profiles. The forecasts indicate a gradual decline from 2024 to 2028, starting at 73.577 million kilograms in 2024 and decreasing to 72.129 million kilograms by 2028. The year-on-year variation reflects a consistent reduction, prompted by the anticipated yearly decrease in imports. The five-year CAGR suggests a declining trend, averaging a slight reduction each year.
Future trends to watch for include:
- Potential impact of economic factors such as demand in construction and manufacturing industries.
- Technological advancements affecting copper usage efficiency.
- Environmental regulations influencing copper import levels.
- Global trade policies affecting supply stability and pricing.
