Copper: strip, of a thickness exceeding 0.15mm, of copper-zinc base alloys (brass), in coils

In 2024, copper: strip, of a thickness exceeding 0.15mm, of copper-zinc base alloys (brass), in coils trade exhibited strong growth, with global flows reaching $1,961,336,387 and a three-year compound annual growth rate of -3.4% (five-year: +7.2%). The all-time peak of $2,178,704,991 was recorded in 2021; the current level is 10% below that high-water mark.

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 decelerating (-4.3% acceleration).

The World Trade Flows Characterization classifies copper: strip, of a thickness exceeding 0.15mm, of copper-zinc base alloys (brass), in coils as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.075). The three largest exporters — South Korea ($266.7M), Germany ($235.6M), and China ($185.0M) — collectively dominate supply flows. The leading exporter has grown at -4.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.055). The three largest import markets are China ($209.0M), Italy ($203.8M), and United States ($178.6M). The largest importing market sources from 31 different supplying countries.

Estimated substitution elasticity: -28.24. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Korea → China at $105.1M, representing 50.3% of the importer's total demand.

The volatility score for copper: strip, of a thickness exceeding 0.15mm, of copper-zinc base alloys (brass), in coils is 9 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.