Forecast: Import of Plate, Sheet, Strip of Refined Copper in Coils to the US

In 2023, the US imported approximately 22.430 Million Kilograms of refined copper in coils. The forecast from 2024 to 2028 indicates a consistent increase in imports, starting from 22.493 Million Kilograms in 2024 and reaching 22.743 Million Kilograms by 2028.

The year-on-year growth rate is estimated to remain modest, reflecting stable demand. The compound annual growth rate (CAGR) over this five-year period is projected to be steady, denoting sustained import levels.

Future trends to watch for:

  • Technological advancements in industries reliant on copper could influence import demands.
  • Economic shifts and trade policy changes may impact the supply chain and import dynamics.
  • Sustainability practices could drive the recycling and reuse of copper, potentially affecting the need for imports.

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