The copper market in Romania has shown a steady increase in value from 2013 to 2023, with the market size in 2023 at 870.02 million Euros. Key growth was observed between 2017 and 2018 with a 21.9% increase and a five-year CAGR of 9.06% during 2018. In recent years, growth has been more moderate, with year-on-year increases of 3.17% and 3.04% for 2022 and 2023, respectively, and a five-year CAGR of 0.91% up to 2023.
Looking forward, factors such as advancements in technology, increased demand for copper in green energy projects, and potential fluctuations in global copper prices are crucial trends to watch in the Romanian market. Continued investment in infrastructure and supply chain dynamics will also influence future market performance.
How does Romania rank in Copper Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 7,664,000,000 | 2023 | -4.28% | -3.55% | View data |
| 2 | 2 Germany | 5,573,700,000 | 2023 | -3.76% | -3.55% | View data |
| 3 | 3 France | 2,334,000,000 | 2023 | -4.04% | -0.22% | View data |
| 4 | 4 United Kingdom | 1,280,400,000 | 2023 | -0.48% | +0.4% | View data |
| 5 | 5 Czech Republic | 1,196,500,000 | 2023 | +1.65% | -0.46% | View data |
| 6 | 6 Finland | 1,106,500,000 | 2023 | +0.7% | +0.16% | View data |
| 7 | 7 Romania | 870,020,000 | 2023 | +3.04% | +0.91% | |
| 8 | 8 Hungary | 667,740,000 | 2023 | +0.82% | +1.32% | View data |
| 9 | 9 Greece | 588,930,000 | 2023 | +1.63% | +4.24% | View data |
