In 2023, Italy led European sold production of copper tubes, pipes, and fittings with €1.0686 billion, followed by Germany and Greece. Italy's production grew by 0.83% year-on-year, while Germany faced a decline of 2.39%. France showed a significant rise at 20.32%. Spain and Finland witnessed slight declines, while Serbia experienced substantial growth of 50.24%. Smaller markets like Romania, Slovakia, and Poland showed moderate growth.
Looking into future trends, the demand for copper products is expected to rise, driven by increased investments in renewable energy and electric vehicles. Eastern European countries, notably Serbia, may continue to expand their production capacities, supported by competitive labor costs and strategic geographic positioning.
Top countries in Sold Production of Copper Tubes, Pipes and Tube or Pipe Fittings by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,068,600,000 | 2023 | +0.78% | +0.83% | View data |
| 2 | 2 Germany | 892,210,000 | 2023 | -3.34% | -2.39% | View data |
| 3 | 3 Greece | 482,710,000 | 2023 | +2.82% | -1.03% | View data |
| 4 | 4 France | 292,720,000 | 2023 | +29.36% | +20.32% | View data |
| 5 | 5 Poland | 154,870,000 | 2023 | +2.52% | +3.12% | View data |
| 6 | 6 Spain | 120,340,000 | 2023 | +12.98% | -0.37% | View data |
| 7 | 7 Finland | 81,817,000 | 2023 | -6.42% | -8.74% | View data |
| 8 | 8 Serbia | 77,256,000 | 2023 | +5.61% | +50.24% | View data |
| 9 | 9 Sweden | 69,897,000 | 2023 | -0.22% | +2.82% | View data |
| 10 | 10 United Kingdom | 50,141,000 | 2023 | -19.65% | -14.71% | View data |
