In 2023, Italy led European production of copper and copper alloy bars, rods, profiles, and hollow profiles, followed closely by Germany. Other significant contributors included France, Spain, and Poland. Italy experienced a notable decline with a 6.38% year-on-year drop, while Germany and Poland saw minor reductions of 1.11% and 1.0% respectively. France faced a 7.48% decrease, suggesting challenges in production. Conversely, Spain demonstrated growth with a 5.35% increase, signifying a robust performance. Even smaller markets like Finland and Denmark showed slight reductions, whereas the UK saw a dramatic decrease of 33.37%.
Looking forward, industry participants should closely monitor potential production shifts due to technological advances, environmental regulations, and geopolitical events. The ongoing green transition and increased demand for electric vehicles may boost copper usage, influencing production volumes across Europe. Investment in sustainable mining and processing methods could also reshape the industry's landscape.
Top countries in Sold Production of Copper and Copper Alloy Bars, Rods, Profiles and Hollow Profiles by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 967,830,000 | 2023 | -4.82% | -6.38% | View data |
| 2 | 2 Germany | 933,590,000 | 2023 | +1.75% | -1.11% | View data |
| 3 | 3 France | 289,450,000 | 2023 | -6.5% | -7.48% | View data |
| 4 | 4 Spain | 224,050,000 | 2023 | +0.081% | +5.35% | View data |
| 5 | 5 Poland | 131,460,000 | 2023 | +0.55% | -1% | View data |
| 6 | 6 Finland | 62,115,000 | 2023 | +2.8% | -3.23% | View data |
| 7 | 7 United Kingdom | 4,660,500 | 2023 | -53.65% | -33.37% | View data |
| 8 | 8 Denmark | 4,109,800 | 2023 | +15.32% | -0.13% | View data |
| 9 | 9 Slovakia | 22,250 | 2023 | +7.48% | View data |
