Based on the 2024 forecast data, Germany leads Europe's copper production with a value of 15.02 billion euros. Spain follows with 5.39 billion euros, and Belgium ranks third at 3.97 billion euros. Italy and Austria are next, while Serbia and Finland show emerging potentials. The United Kingdom, France, Hungary, Poland, and Portugal have smaller production values.
Year-on-year variations from 2023 show mixed trends: - Germany: -0.84%- Spain: 0.95%- Belgium: 1.94%- Italy: -6.5%- Austria: -0.18%- Serbia: 5.36%- Finland: -0.15%- United Kingdom: -2.59%- France: -23.01%- Hungary: -0.71%- Poland: 0.93%- Portugal: -30.26%
Future trends to watch for European copper production include potential growth in Serbia and stabilization in Poland. Observers should also focus on the technological advancements and sustainability efforts in Germany, which dominate the sector, along with shifts in production policies in Southern European countries like Spain and Italy. Monitoring economic and geopolitical factors that may impact production stability in the United Kingdom and France is also crucial.
Top countries in Copper Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,020 | 2023 | +1.54% | -0.84% | View data |
| 2 | 2 Spain | 5,390 | 2023 | +1.72% | +0.95% | View data |
| 3 | 3 Belgium | 3,970 | 2023 | +2.3% | +1.94% | View data |
| 4 | 4 Italy | 2,750 | 2023 | -4.79% | -6.5% | View data |
| 5 | 5 Austria | 1,060 | 2023 | +0.58% | -0.18% | View data |
| 6 | 6 Serbia | 961.3 | 2023 | +6.83% | +5.36% | View data |
| 7 | 7 Finland | 915.5 | 2023 | +1.37% | -0.15% | View data |
| 8 | 8 United Kingdom | 509.6 | 2023 | -3.08% | -2.59% | View data |
| 9 | 9 France | 266.4 | 2023 | -28.54% | -23.01% | View data |
| 10 | 10 Hungary | 49.7 | 2023 | +5.97% | -0.71% | View data |