In 2023, Bulgaria led Europe in Domestic Material Consumption of copper at 4.82 metric tons per capita, seeing a year-on-year increase of 1.32%. Sweden and Serbia followed with 3.37 and 2.8 metric tons per capita respectively, with Serbia showing a substantial year-on-year growth of 4.04%. Conversely, Poland and Portugal saw declines of 0.1% and 2.29% respectively. Germany and Slovenia experienced the steepest drops among major consumers, declining by 4.36%. Switzerland dropped significantly by 19.73%, while nations like Greece witnessed significant gains, up 14.87%.
Looking ahead, future trends to watch in European copper consumption include potential shifts influenced by green energy policies, technological advancements, and market volatility. Countries with substantial renewable energy projects may see increased copper use, whereas economic fluctuations can impact overall demand across the region.
Top countries in Copper Domestic Material Consumption by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 4.82 | 2023 | +1.58% | +1.32% | View data |
| 2 | 2 Sweden | 3.37 | 2023 | +1.84% | +1.87% | View data |
| 3 | 3 Serbia | 2.8 | 2023 | +2.91% | +4.04% | View data |
| 4 | 4 Poland | 0.57 | 2023 | +0.18% | -0.1% | View data |
| 5 | 5 Portugal | 0.55 | 2023 | +4.6% | -2.29% | View data |
| 6 | 6 Cyprus | 0.44 | 2023 | +23.16% | View data | |
| 7 | 7 Macedonia | 0.41 | 2023 | -2.14% | -2.6% | View data |
| 8 | 8 Spain | 0.28 | 2023 | +1.07% | +1.63% | View data |
| 9 | 9 Romania | 0.2 | 2023 | +3.7% | +6.66% | View data |
| 10 | 10 Albania | 0.15 | 2023 | +10.45% | View data |
