The copper market in Romania has experienced steady growth over the last decade, reaching 114.44 million kilograms in 2023. From 2013 to 2023, the market showed variable year-on-year growth, with significant increases recorded in 2014 and 2015. However, between 2019 and 2020, the market saw a minor decline and stagnation. Recent years, particularly 2021 and 2022, witnessed a rebound with notable growth rates, with the compound annual growth rate over the last five years standing at 2.19%.
Future trends to watch for:
- Potential impacts from global copper demand trends and pricing, affecting local market dynamics.
- Technological advancements in mining and copper recycling, leading to efficiency improvements and increased volume.
- The influence of regulatory changes regarding environmental stewardship and sustainability targets within the copper industry.
How does Romania rank in Copper Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,040,700,000 | 2023 | -0.8% | -2.1% | View data |
| 2 | 2 Germany | 1,391,200,000 | 2023 | -1.47% | -5.44% | View data |
| 3 | 3 France | 322,180,000 | 2023 | -1.05% | -1.47% | View data |
| 4 | 4 Spain | 247,190,000 | 2023 | -0.97% | -0.75% | View data |
| 5 | 5 Finland | 171,800,000 | 2023 | +2.91% | +2.03% | View data |
| 6 | 6 Czech Republic | 147,610,000 | 2023 | +2.99% | -0.075% | View data |
| 7 | 7 United Kingdom | 128,860,000 | 2023 | -3.9% | -3.39% | View data |
| 8 | 8 Romania | 114,440,000 | 2023 | +2.91% | +2.19% | |
| 9 | 9 Hungary | 82,597,000 | 2023 | +1.45% | +1.53% | View data |
| 10 | 10 Portugal | 59,745,000 | 2023 | -4.4% | -3.4% | View data |
