Copper: waste and scrap

In 2024, copper: waste and scrap trade exhibited strong growth, with global flows reaching $37,941,513,067 and a three-year compound annual growth rate of +2.8% (five-year: +12.0%). The all-time peak of $37,941,513,067 was recorded in 2024.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-1.6% acceleration).

The World Trade Flows Characterization classifies copper: waste and scrap as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.047). The three largest exporters — United States ($5.6B), Germany ($2.6B), and Japan ($2.4B) — collectively dominate supply flows. The leading exporter has grown at +7.1% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.190). The three largest import markets are China ($15.6B), Germany ($3.0B), and South Korea ($2.1B). The largest importing market sources from 128 different supplying countries.

The dominant trade corridor is United States → China at $3.1B, representing 20.1% of the importer's total demand.

The volatility score for copper: waste and scrap is 5 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.