The copper turnover in Belgium has shown a notable upward trend. The forecasted values from 2024 to 2028 suggest a consistent increase. In 2023, the turnover stood at 3.93 billion Euros. The year-on-year percentage variations indicate steady growth: an increase from 2.3% to 2.15%, showcasing market stability. Over the last two years, this translates to an average growth rate of 2.45% annually. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.23%, reflecting a healthy market expansion.
Future trends to watch for include potential impacts of global economic shifts on copper demand, advancements in recycling technologies, and policy changes related to environmental standards. These factors could significantly influence market dynamics and turnover in the coming years.
