Product Code: ETC5145404 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ethiopia Copper Scrap market currently, in 2023, has witnessed an HHI of 9251, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The copper scrap market in Ethiopia is growing as recycling practices become more common. Copper scrap is an important raw material for producing new copper products, and as Ethiopias metal recycling industry expands, the demand for copper scrap is increasing, helping support sustainable manufacturing.
The copper scrap market in Ethiopia is growing as the country develops its recycling and manufacturing industries. Copper scrap is a valuable resource that can be reused to produce new copper products, reducing the need for mining and supporting sustainability. As Ethiopia`s industrial base grows, so does the demand for copper scrap, fueling the recycling industry.
The copper scrap market in Ethiopia faces challenges due to the lack of a well-established recycling infrastructure. The market is still in its nascent stages, with limited awareness regarding the economic and environmental benefits of recycling copper. Additionally, a lack of efficient collection systems for scrap copper and limited processing facilities further restricts the markets growth. The fluctuating global prices of copper scrap also create volatility in the market, making it difficult for local businesses to plan and sustain operations. Moreover, limited access to capital and inadequate market regulations hinder the expansion of the copper scrap industry.
In Ethiopia, policies are being developed to support the copper scrap market, which is crucial for the recycling of copper materials. The government is encouraging the establishment of recycling facilities and promoting the collection of scrap metal to reduce environmental impact. Regulatory frameworks are being introduced to ensure that copper scrap is recycled efficiently and responsibly, contributing to the circular economy.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Copper Scrap Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Copper Scrap Market - Industry Life Cycle |
3.4 Ethiopia Copper Scrap Market - Porter's Five Forces |
3.5 Ethiopia Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ethiopia Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for copper in various industries such as construction, electronics, and automotive sectors. |
4.2.2 Increasing awareness and adoption of recycling practices in Ethiopia. |
4.2.3 Government initiatives promoting sustainable practices and environmental conservation. |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices impacting the profitability of the scrap market. |
4.3.2 Limited infrastructure for collection, sorting, and processing of copper scrap. |
4.3.3 Lack of standardized regulations and policies for the recycling industry in Ethiopia. |
5 Ethiopia Copper Scrap Market Trends |
6 Ethiopia Copper Scrap Market Segmentations |
6.1 Ethiopia Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.3 Ethiopia Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.4 Ethiopia Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.5 Ethiopia Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Ethiopia Copper Scrap Market Import-Export Trade Statistics |
7.1 Ethiopia Copper Scrap Market Export to Major Countries |
7.2 Ethiopia Copper Scrap Market Imports from Major Countries |
8 Ethiopia Copper Scrap Market Key Performance Indicators |
8.1 Percentage increase in the number of recycling centers and facilities in Ethiopia. |
8.2 Growth in the amount of copper scrap collected and processed annually. |
8.3 Improvement in the efficiency of copper scrap recycling processes. |
8.4 Reduction in the environmental impact of copper scrap disposal and processing. |
9 Ethiopia Copper Scrap Market - Opportunity Assessment |
9.1 Ethiopia Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ethiopia Copper Scrap Market - Competitive Landscape |
10.1 Ethiopia Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |