The copper wire market in Portugal experienced fluctuations from 2013 to 2023, with a decline from 55.683 million kilograms in 2013 to a low of 39.645 million kilograms in 2019. From 2020 onwards, the market regained strength, closing at 47.824 million kilograms in 2023. Notably, in recent years, the market saw positive year-on-year growth, with values of 2.61% in 2022 and 2.55% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 3.64%, illustrating a steady recovery and growth trend.
Future trends to watch for:
- Sustainability practices impacting copper sourcing and processing.
- Technological advancements improving copper wire efficiency.
- Market demand driven by infrastructure and renewable energy projects.
- Potential global supply chain disruptions affecting market stability.
How does Portugal rank in Copper Wire Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 543,580,000 | 2023 | -0.98% | -4.44% | View data |
| 2 | 2 Germany | 430,500,000 | 2023 | -0.68% | -2.68% | View data |
| 3 | 3 Spain | 263,590,000 | 2023 | +1.71% | +2.24% | View data |
| 4 | 4 Czech Republic | 76,291,000 | 2023 | +0.34% | +0.023% | View data |
| 5 | 5 United Kingdom | 59,767,000 | 2023 | -3.08% | -2.33% | View data |
| 6 | 6 Austria | 54,318,000 | 2023 | +1.35% | -1.56% | View data |
| 7 | 7 Hungary | 48,173,000 | 2023 | -0.08% | -0.41% | View data |
| 8 | 8 Portugal | 47,824,000 | 2023 | +2.55% | +3.64% | |
| 9 | 9 Netherlands | 40,863,000 | 2023 | +0.19% | -1.04% | View data |
| 10 | 10 Finland | 26,658,000 | 2023 | -0.03% | +0.98% | View data |
