In 2023, Sweden led European non-ferrous metal domestic extraction with 48.81 million metric tons, followed by Finland and Poland at 36.04 and 29.12 million metric tons, respectively. Notable year-on-year variations include a 38.99% increase in Norway and an 8.05% rise in Serbia, while declines were observed in Cyprus at -10.1% and Ireland at -2.99%. The sector's compound annual growth rate reflects fluctuating trends, underscoring significant market dynamics and shifts over recent years.
Future trends to watch involve technological advancements in extraction processes and environmental regulations potentially impacting production. Additionally, geopolitical factors and economic policies across Europe may influence resource availability and market stability.
Top countries in Non-Ferrous Metal Domestic Extraction by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 48,810 | 2023 | +1.55% | +1.35% | View data |
| 2 | 2 Finland | 36,040 | 2023 | +4.7% | +3.1% | View data |
| 3 | 3 Poland | 29,120 | 2023 | -1.48% | -1.77% | View data |
| 4 | 4 Spain | 24,130 | 2023 | +5.92% | +4.51% | View data |
| 5 | 5 Serbia | 24,000 | 2023 | +2.76% | +8.05% | View data |
| 6 | 6 Portugal | 8,880 | 2023 | +0.1% | -0.99% | View data |
| 7 | 7 Greece | 4,170 | 2023 | +2.58% | -0.5% | View data |
| 8 | 8 Romania | 3,650 | 2023 | +3.45% | +6.2% | View data |
| 9 | 9 Albania | 2,750 | 2023 | +23.46% | +12.35% | View data |
| 10 | 10 Norway | 2,120 | 2023 | -1.73% | +38.99% | View data |
