Copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper

In 2024, copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper trade exhibited strong growth, with global flows reaching $2,796,264,835 and a three-year compound annual growth rate of -9.5% (five-year: -0.8%). The all-time peak of $3,771,660,831 was recorded in 2021; the current level is 26% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-9.4% acceleration).

The World Trade Flows Characterization classifies copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.193). The three largest exporters — Taiwan ($750.0M), China ($634.4M), and Japan ($577.3M) — collectively dominate supply flows. The leading exporter has grown at -12.9% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.205). The three largest import markets are China ($1.1B), South Korea ($363.4M), and Taiwan ($339.0M). The largest importing market sources from 36 different supplying countries.

Estimated substitution elasticity: -8.66. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Taiwan → China at $486.1M, representing 43.2% of the importer's total demand.

The volatility score for copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper is 8 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. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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