In 2023, the re-import value of copper and copper alloy waste or scrap to China was recorded at 12.638 million US dollars. Analyzing the forecasted data, there is a consistent upward trajectory from 2024 to 2028, with the value projected to rise from 13.133 to 15.093 million US dollars. The year-on-year growth shows a stable increase, indicative of a strengthening market.
The compound annual growth rate (CAGR) over the five-year forecast period is promising, reflecting steady demand and potentially favorable trading conditions.
Future trends to watch for include emerging recycling technologies, global copper price changes, and China’s policy shifts regarding environmental regulations and import restrictions, which could influence both supply and demand dynamics.
