Forecast: Sold Production of Copper Plates, Sheets and Strip in Germany

In 2023, the actual sold production of copper plates, sheets, and strips in Germany was recorded at 558.0 million kilograms. The projection for 2024 marks the beginning of a declining trend, as production is forecasted at 554.71 million kilograms, decreasing further to 540.87 million kilograms by 2028. This indicates a steady downward trajectory with the Compound Annual Growth Rate (CAGR) reflecting a consistent decline over the next five years.

Important future trends to monitor include:

  • Technological advancements in copper production efficiencies.
  • Shifts in demand from key industries such as electronics and construction.
  • Global economic conditions affecting copper prices and trade policies.
  • Environmental regulations impacting production processes and sustainable practices.

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