In 2023, Germany imported approximately 54 million kilograms of copper plates, sheets, and strip. The forecasted data for 2024 indicates a slight decline to 53.418 million kilograms. This trend of gradual decrease continues through subsequent years, with projections of 52.8 million kilograms in 2025, decreasing consistently to 51.011 million kilograms by 2028. The year-on-year variation shows a decline of about 1.15% from 2024 to 2025, 1.15% from 2025 to 2026, and so forth. The compound annual growth rate (CAGR) from 2024 to 2028 suggests an average annual decline of approximately 1.17%.
Future trends to watch for include potential shifts in global copper demand, technological advancements affecting copper usage, and international trade policies that could influence import volumes. Monitoring Germany's industrial sector's copper demand could also provide insights into future import patterns.
