The forecast for copper domestic extraction in Sweden from 2024 to 2028 indicates a steady increase in metric tons per capita. The values for 2024 and 2025 are 3.41 and 3.47 respectively, showing a consistent upward trend that continues through 2028, reaching 3.65 metric tons per capita. Compared to the actual data from 2023, which stood at 3.35, the year-on-year percentage variations reflect a stable growth.
Key observations and variations:
- From 2023 to 2024: approximately 1.8% increase.
- From 2024 to 2025: approximately 1.8% increase.
- From 2025 to 2026: approximately 1.7% increase.
- From 2026 to 2027: approximately 1.7% increase.
- From 2027 to 2028: approximately 1.7% increase.
- The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is around 1.74%
Future trends to watch for:
Potential factors such as advancements in extraction technology, shifts in global copper demand, and environmental regulations could play critical roles in influencing the growth rate of domestic copper extraction in Sweden. Keeping an eye on these elements will be essential for understanding future trends and potential shifts in the market.
