In 2024, Sweden is expected to lead European countries in copper direct material inputs with 35.01 million metric tons, reflecting a steady growth of 2.1% in 2023. Bulgaria follows closely with 34.52 million metric tons, experiencing a moderate uptick of 1.23%. Poland's copper input declined by 0.89%, placing it third at 21.53 million metric tons, while Serbia saw a significant rise of 3.6% to 19.24 million metric tons. Spain's copper input rose slightly by 0.98% to 15.24 million metric tons. Other notable figures include Albania with an impressive growth of 11.02%, Romania at 6.43%, and Croatia at 5.82%.
Future trends to watch include a potential decrease in reliance on copper in countries like Portugal and Germany, both showing negative growth, at -6.74% and -1.8% respectively. Conversely, continued growth in emerging markets such as Romania and Albania could significantly shift the copper supply landscape. Environmental regulations and advancements in alternative materials may also impact copper demand and usage across Europe.
Top countries in Copper Direct Material Inputs by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 35,010 | 2023 | +1.27% | +2.1% | View data |
| 2 | 2 Bulgaria | 34,520 | 2023 | +1.34% | +1.23% | View data |
| 3 | 3 Poland | 21,530 | 2023 | -1.35% | -0.89% | View data |
| 4 | 4 Serbia | 19,240 | 2023 | +2.57% | +3.6% | View data |
| 5 | 5 Spain | 15,240 | 2023 | +3.4% | +0.98% | View data |
| 6 | 6 Portugal | 4,630 | 2023 | -5.86% | -6.74% | View data |
| 7 | 7 Romania | 3,830 | 2023 | +4.04% | +6.43% | View data |
| 8 | 8 Germany | 2,720 | 2023 | +0.015% | -1.8% | View data |
| 9 | 9 Italy | 1,200 | 2021 | +20.54% | View data | |
| 10 | 10 Macedonia | 813.54 | 2023 | -3.94% | -4.37% | View data |
