The copper secondary refinery production in Sweden demonstrated significant volatility over the past decade. Starting from 40.0 thousand metric tons in 2013, the value saw a substantial rise by 63% in 2014, peaking and troughing in subsequent years. Notable fluctuations include a significant decrease in 2020 by 14.46%, followed by robust recovery in 2021 with a 23.99% rise. By 2023, production reached 77.89 thousand metric tons, growing at an average annual rate (CAGR) of 2.97% over the last five years.
Forecasts suggest a steady growth trajectory, with production expected to rise to 88.36 thousand metric tons by 2028, at a projected CAGR of 1.99%. This indicates a 10.33% increase over the next five years.
Future trends to watch for include:
- Technological advancements in copper recycling and refining processes.
- Potential policy changes related to sustainable metal production.
- Global market demand shifts influenced by the renewable energy sector.
- Economic stability and its impact on industrial activities in Sweden.
