The market size for unwrought refined copper and copper alloys in Finland has shown considerable volatility over the past decade. From a peak value of 823.96 million Euros in 2012, there was a significant decline in subsequent years, hitting a low of 476.71 million Euros in 2020. Despite this dip, the market saw some recovery by 2021 to 568.26 million Euros, although it slightly dipped again in 2022 to 562.28 million Euros. The Compound Annual Growth Rate (CAGR) over the last five years has shown a small decline overall, indicating a market that has struggled to maintain steady growth. However, specific years such as 2017 and 2021 showed positive year-on-year growth, suggesting moments of recovery and resilience. Looking at longer trends, it's clear that external market factors have had significant impacts, creating fluctuations in market value.
- 2012-2017: Notable declines followed by small recovery in 2017.
- 2018-2022: Period of fluctuations with no significant long-term growth trend.
Future trends to watch include the impact of technological advancements in copper production, influence of economic policies supporting renewable energy (where copper is critically used), and global supply chain disruptions. Any increase in the demand for electric vehicles or renewable infrastructure could significantly influence market size positively. Close monitoring of economic and geopolitical changes will be essential for accurate forecasting and strategic planning.