In 2024, Sweden leads European countries in copper domestic material consumption with 25.79 thousand metric tons, followed closely by Bulgaria with 25.1 and Poland with 15.49. Notable year-on-year variations include significant increases in Ireland (14.29%), Austria (13.16%), and Greece (12.55%). Conversely, Switzerland experienced a notable decline of 21.35%. Countries such as Portugal (-6.82%) and Germany (-4.37%) also saw decreases. Most countries have stable or minimal changes, while some like Luxembourg, Lithuania, Denmark, Norway, the UK, and the Netherlands show a negative forecast.
Future trends to watch include the continued growth in countries like Romania and Serbia, as well as the persistent declines in some Western European countries. The variation in consumption patterns and its correlation to economic and industrial activities will be critical in understanding the evolving dynamics in the European copper market.
Top countries in Copper Domestic Material Consumption Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 25.79 | 2023 | +1.27% | +2.14% | View data |
| 2 | 2 Bulgaria | 25.1 | 2023 | +1.32% | +1.32% | View data |
| 3 | 3 Poland | 15.49 | 2023 | -1.44% | -0.9% | View data |
| 4 | 4 Serbia | 14.21 | 2023 | +2.68% | +3.64% | View data |
| 5 | 5 Spain | 10.52 | 2023 | +4.28% | +3% | View data |
| 6 | 6 Portugal | 3.29 | 2023 | -6% | -6.82% | View data |
| 7 | 7 Romania | 2.91 | 2023 | +6.01% | +7.23% | View data |
| 8 | 8 Germany | 0.74 | 2023 | -1.38% | -4.37% | View data |
| 9 | 9 Macedonia | 0.59 | 2023 | -2.96% | -3.89% | View data |
| 10 | 10 Italy | 0.44 | 2021 | +21.59% | View data |
