Copper Wire Market Size Volume in the UK

The UK's copper wire market has seen fluctuations over the last decade. From 2012 to 2016, the market experienced minor variations but remained fairly stable. However, starting in 2017, the market saw significant declines, notably a 10.67% drop in 2018 and a 19.61% drop in 2020. The recent years show some recovery with a 16.85% increase in 2021, although 2022 saw another decrease of 3.04%. Future trends suggest potential for growth as markets recover and new technologies drive demand for copper wire.

Future trends to watch for:

  • Rising demand from the renewable energy sector.
  • Technological advancements in electric vehicles (EVs) and the expansion of EV charging infrastructure.
  • Increased investments in infrastructure projects post-pandemic.
  • Fluctuations in copper prices impacting market stability.

# 11 Countries Kilograms Last Year YoY 5-years CAGR
1 1 Italy 543,580,000 2023 -0.98% -4.44% View data
2 2 Germany 430,500,000 2023 -0.68% -2.68% View data
3 3 Spain 263,590,000 2023 +1.71% +2.24% View data
4 4 Czech Republic 76,291,000 2023 +0.34% +0.023% View data
5 5 United Kingdom 59,767,000 2023 -3.08% -2.33%
6 6 Austria 54,318,000 2023 +1.35% -1.56% View data
7 7 Hungary 48,173,000 2023 -0.08% -0.41% View data