The import value of backed foil of refined copper to China is projected to increase steadily from 2024 to 2028. In 2023, this import was valued at 1.292 billion US dollars. Forecasts indicate a gradual yearly increase of approximately 0.9% to 1%. The Compound Annual Growth Rate (CAGR) over the 2024-2028 period is around 1.07%. Year-on-year growth reinforces a consistent upward trend, reflecting increased industrial demand and technological advancements in China.

Future trends to watch for include:

The impact of China's economic policies on copper demand and import tariffs.
Technological developments that may increase domestic production capability and reduce reliance on imports.
Global copper market fluctuations influencing prices and supply chains.