The analysis of the Copper Market Size in Denmark from 2012 to 2022 reveals a fluctuating trend. The market initially saw a decline from 2012 to 2014, followed by some recovery periods and slight decreases. Notable year-on-year variations include a significant drop in 2013 by -10.88% and a recovery in 2015 by 10.51%. The Compound Annual Growth Rate (CAGR) over the last five years from 2017 to 2022 is relatively stable, with minimal average annual changes. In 2023, the value stood at approximately 254 million Euros, continuing the stable yet slightly negative trend of -0.21% observed in 2022.
Future trends to watch for include potential market shifts due to technological advancements, changes in demand for copper in renewable energy sectors, and economic factors such as inflation and global commodity prices. Monitoring these variables can provide insights into whether the Danish copper market will face growth or further stabilization.
- 2012: Market value 285.34 million Euros, with a 5.86% increase year-on-year.
- 2013: Market value decreased to 254.29 million Euros, with a -10.88% year-on-year change.
- 2014: Market value further decreased to 231.63 million Euros, with -8.91% change.
- 2015: Market recovered to 255.97 million Euros, 10.51% increase year-on-year.
- 2016: Slight decrease to 243.98 million Euros, with a -4.68% change.
- 2017: Slight increase to 252.88 million Euros, with a 3.65% year-on-year change.
- 2018: Continued to increase to 263.09 million Euros, 4.04% year-on-year change.
- 2019: Minor decline to 258.71 million Euros, with -1.66% change.
- 2020: Further decrease to 254.33 million Euros, by -1.69% year-on-year.
- 2021: Stable value around 255 million Euros, with a 0.26% change.
- 2022: Slight decrease to 254.47 million Euros, with -0.21% change.
It is crucial to keep a close watch on the factors influencing the copper market in Denmark, including environmental regulations, global market dynamics, and advancements in alternative materials, which could either drive or constrain future growth.
How does Denmark 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% | View data |
| 8 | 8 Hungary | 667,740,000 | 2023 | +0.82% | +1.32% | View data |
| 9 | 9 Greece | 588,930,000 | 2023 | +1.63% | +4.24% | View data |
| 10 | 10 Denmark | 243,640,000 | 2023 | -0.71% | -1.52% | |
| 11 | 11 Ireland | 171,920,000 | 2023 | +2.56% | +1.98% | View data |
| 12 | 12 Estonia | 68,498,000 | 2023 | +5.6% | +5.75% | View data |
