The copper market in Italy has experienced fluctuations from 2012 to 2022. The market decreased by 8.03% in 2012 and then saw a significant rise in 2013, with a 6.48% increase. A slight decline followed in 2014, coupled with a downward CAGR trend. There were minor variations in subsequent years, with notable dips in 2019 and 2020. For the last five years leading up to 2022, the market showed an overall negative CAGR of -2.24%. The latest figures for 2022 indicated a slight year-on-year decline of 1.24%, standing at 1.9311 billion kilograms in volume.
Future trends to watch for include potential recovery if the global economy strengthens, driven by the growing demand for copper in renewable energy technologies and electric vehicle manufacturing. However, market volatility remains a concern, affected by geopolitical factors and supply chain disruptions.
How does Italy rank in Copper Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,040,700,000 | 2023 | -0.8% | -2.1% | |
| 2 | 2 Germany | 1,391,200,000 | 2023 | -1.47% | -5.44% | View data |
| 3 | 3 France | 322,180,000 | 2023 | -1.05% | -1.47% | View data |
| 4 | 4 Spain | 247,190,000 | 2023 | -0.97% | -0.75% | View data |
| 5 | 5 Finland | 171,800,000 | 2023 | +2.91% | +2.03% | View data |
