The copper turnover in Italy was valued at 2.70 billion Euros in 2023. The forecasted data for subsequent years show a continuous decline: 2.56 billion Euros in 2024, 2.42 billion Euros in 2025, 2.28 billion Euros in 2026, 2.14 billion Euros in 2027, and 2.0 billion Euros in 2028. This reflects a year-on-year decrease:
- 2024: -5.19%
- 2025: -5.47%
- 2026: -5.79%
- 2027: -6.14%
- 2028: -6.54%
Lastly, the compound annual growth rate (CAGR) over this five-year period is -6.23%.
Future trends to watch for include potential changes in global demand and supply dynamics due to advancement in sustainable energy technologies, as well as the impact of regulatory changes and economic fluctuations within Italy and the EU.
