The forecasted data indicates a decline in the number of copper enterprises in the UK from 2024 to 2028, starting at 21 enterprises in 2024 and dropping steadily to 12 by 2028. This represents varying year-on-year decreases: 14.29% from 2024 to 2025, 11.11% from 2025 to 2026, 12.50% from 2026 to 2027, and 14.29% from 2027 to 2028. With a compounded annual growth rate (CAGR) showcasing a consistent decrease over this period, the copper sector appears to be contracting. In 2023, the number stood at 25 enterprises, indicating a significant downward trend.

Key future trends to monitor include: