The Copper Market in the Czech Republic reached a value of 1196.5 Million Euros in 2023. Over the past decade, the market experienced fluctuations, with significant growth in 2015 and 2017. Recent years show minor increases with a 1.7% rise in 2022 and a 1.65% climb in 2023. However, the market also encountered downturns, notably in 2019 and 2020, with a 6.37% and 4.37% decrease, respectively. Examining the last five years shows a marginal average annual decline, indicating a contracting market during this period.
Future trends to watch for include technological advancements in copper applications, impacts of global economic conditions on demand, and the Czech Republic’s shift towards sustainable practices, which may influence market dynamics positively.
How does the Czech Republic rank in Copper Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 7,664,000,000 | 2023 | -4.28% | -3.55% | View data |
| 2 | 2 Germany | 5,573,700,000 | 2023 | -3.76% | -3.55% | View data |
| 3 | 3 France | 2,334,000,000 | 2023 | -4.04% | -0.22% | View data |
| 4 | 4 United Kingdom | 1,280,400,000 | 2023 | -0.48% | +0.4% | View data |
| 5 | 5 Czech Republic | 1,196,500,000 | 2023 | +1.65% | -0.46% | |
| 6 | 6 Finland | 1,106,500,000 | 2023 | +0.7% | +0.16% | View data |
| 7 | 7 Romania | 870,020,000 | 2023 | +3.04% | +0.91% | View data |
