The copper market in Germany has experienced fluctuations over the past decade. From 2013 to 2018, the market generally saw modest growth with year-on-year variations peaking at 7.02% in 2013. However, the market significantly contracted by 16.74% in 2019 and continued to decline through to 2023, settling at 1.3912 billion kilograms. The compound annual growth rate (CAGR) over the last five years was -5.44%, indicating a steady contraction.

Future projections from 2024 to 2028 forecast a continued decline, with a five-year CAGR of -1.19%. This is expected to reduce the market size to approximately 1.2908 billion kilograms by 2028, reflecting a -5.83% total growth rate over the forecast period.

Future trends to watch for include:

Technological advancements in copper recycling methods
Shifts in demand due to green energy transitions and electric vehicle adoption
Potential regulatory changes impacting copper mining and production
Global economic conditions and their effects on manufacturing and construction sectors