The copper market size volume in Germany showed a fluctuating trend from 2012 to 2022. Starting at 1.681 Billion Kilograms in 2012, the market grew to a peak of 1.84 Billion Kilograms in 2018. However, the period from 2019 to 2022 saw a significant decline, with the volume shrinking to 1.3964 Billion Kilograms by 2022. The year-on-year variations indicate volatility, with notable drops in 2019 (-16.74%) and 2020 (-8.48%). The five-year CAGR (Compound Annual Growth Rate) reflects a consistent negative trend, reaching -4.99% by 2022.
Future trends to watch for include potential recovery initiatives in industry and manufacturing, shifts in global supply chains, and technological advancements that may drive demand. Additionally, sustainability and recycling policies could play a significant role in stabilizing the market.
How does Germany rank in Copper Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,040,700,000 | 2023 | -0.8% | -2.1% | View data |
| 2 | 2 Germany | 1,391,200,000 | 2023 | -1.47% | -5.44% | |
| 3 | 3 France | 322,180,000 | 2023 | -1.05% | -1.47% | View data |
| 4 | 4 Spain | 247,190,000 | 2023 | -0.97% | -0.75% | View data |
| 5 | 5 Finland | 171,800,000 | 2023 | +2.91% | +2.03% | View data |
