The Spanish market for copper wire and refined copper alloy experienced fluctuations between 2013 and 2023. In 2023, the production volume reached 335.47 million kilograms. Annual variations demonstrate periods of growth and decline: a notable drop of 9.55% in 2020 followed by a significant rise of 17.49% in 2021. The CAGR over the past five years to 2023 was 2.42%, indicating moderate overall growth despite volatility. The forecast from 2024 to 2028 shows a projected average annual growth rate of 1.18%, with the production expected to reach 361.44 million kilograms by 2028.

Future trends to watch: