As of 2023, the sold production of copper tubes, pipes, and fittings in Germany was approximately 135 million kilograms. The forecasted data from 2024 to 2028 indicates a yearly decline, with production volume reducing from 130.89 million kilograms to 110.88 million kilograms. The year-on-year decline averaged around 3.1% from 2023 through 2025. Over the five-year forecast period to 2028, the compound annual growth rate (CAGR) is projected to be approximately -3.7%, highlighting a steady decrease in production capacity or demand.
Future trends to watch for:
- Monitor shifts in global copper prices and their influence on production incentives.
- Assess the impact of green energy transitions on copper demand in Europe.
- Watch technological advancements in manufacturing which could alter materials preferences.
- Evaluate changes in import-export policies affecting local production dynamics.