In 2023, stocks of No. 2 Mixed Heavy and Light Copper in the US stood at 5.25 thousand metric tons. The forecasted values from 2024 to 2028 suggest a steady increase in stock levels, with an average Compound Annual Growth Rate (CAGR) of approximately 2.9%. Year-on-year variations highlight a consistent upward trend, reflecting a stable demand or supply adjustment in the market.

Future trends to watch for:

Potential impacts of technological advancements or regulatory changes on copper consumption.
Market dynamics such as shifts towards renewable energy and electric vehicles, driving copper demand.
Economic events influencing commodity markets, potentially affecting supply chains.