The analysis of European non-ferrous metal domestic material consumption highlights Sweden's leadership with 48.93 million metric tons in 2024, while Lithuania's consumption remains minimal at 0.00355 million metric tons. Notable growth is seen in Norway (11.94%) and Bosnia and Herzegovina (10.4%) in 2023. Conversely, Hungary has faced a significant decline of 8.82%. Over the past years, varying trends are evident, with countries like Portugal and Germany experiencing consistent drops.
Looking forward, the rise of green technologies and the transition to renewable energy will likely elevate demand for non-ferrous metals in Europe, influencing the consumption dynamics in upcoming years. Environmental policies and technology advancements are crucial trends to monitor as they reshuffle resource allocation among European countries.
Top countries in Non-Ferrous Metal Domestic Material Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 48,930 | 2023 | +1.59% | +1.41% | View data |
| 2 | 2 Finland | 36,640 | 2023 | +4.51% | +3.03% | View data |
| 3 | 3 Poland | 30,130 | 2023 | -1.3% | -1.54% | View data |
| 4 | 4 Spain | 29,820 | 2023 | +5.21% | +3.58% | View data |
| 5 | 5 Serbia | 23,530 | 2023 | +2.74% | +7.52% | View data |
| 6 | 6 Portugal | 8,470 | 2023 | -0.11% | -1.13% | View data |
| 7 | 7 Germany | 7,730 | 2023 | -1.7% | -2.16% | View data |
| 8 | 8 Norway | 5,130 | 2023 | -0.051% | +11.94% | View data |
| 9 | 9 Romania | 4,730 | 2023 | +3.62% | +1.03% | View data |
| 10 | 10 Ireland | 4,400 | 2023 | -2.56% | -1.31% | View data |
