The copper market in Ireland was valued at 171.92 million euros in 2023, reflecting a steady increase with a year-on-year growth of 2.56%. Over the past five years, the compound annual growth rate (CAGR) has been 1.98%, highlighting moderate but consistent growth. This follows a pattern of fluctuating growth, including significant rises in 2017 and 2018 and a drop in 2020.
Future trends to watch for include:
- Potential demand increases from the renewable energy sector, as copper is a crucial component.
- Emerging technologies, particularly electric vehicles, which could drive further demand.
- Market volatility due to geopolitical factors affecting global supply chains.
How does Ireland 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 |
| 9 | 9 Greece | 588,930,000 | 2023 | +1.63% | +4.24% | View data |
| 10 | 10 Denmark | 243,640,000 | 2023 | -0.71% | -1.52% | View data |
| 11 | 11 Ireland | 171,920,000 | 2023 | +2.56% | +1.98% | |
| 12 | 12 Estonia | 68,498,000 | 2023 | +5.6% | +5.75% | View data |
