In 2023, Germany led European Copper Hours Worked with 24.004 million hours but reported a decline of 2.37%. Italy followed significantly behind with 4.6125 million hours, decreasing by 3.79%, while Spain at 2.8418 million hours also saw a contraction of 3.26%. Bulgaria, although lower at 2.6238 million hours, marginally increased by 0.24%. Finland, Belgium, and Austria recorded slight shifts, with Belgium experiencing a positive growth of 1.2%. Smaller players like Hungary and Portugal showed notable variations, particularly Portugal, with an impressive growth of 104.55%.
Future trends in European Copper Hours Worked to monitor include:
- Germany's potential recovery efforts to stabilize its leadership position in hours worked.
- Italy's strategies to mitigate contractions in its workforce.
- Continued growth in Portugal as a potential emerging player.
- Economic and industrial shifts impacting overall hours worked across smaller and emerging copper processing countries.
Top countries in Copper Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,004,000 | 2023 | +0.043% | -2.37% | View data |
| 2 | 2 Italy | 4,612,500 | 2023 | -4.63% | -3.79% | View data |
| 3 | 3 Spain | 2,841,800 | 2023 | -0.14% | -3.26% | View data |
| 4 | 4 Bulgaria | 2,623,800 | 2023 | +10.03% | +0.24% | View data |
| 5 | 5 Finland | 1,964,100 | 2023 | +0.26% | -2.88% | View data |
| 6 | 6 Belgium | 1,910,400 | 2023 | +0.62% | +1.2% | View data |
| 7 | 7 Austria | 1,840,700 | 2023 | -0.46% | -0.94% | View data |
| 8 | 8 Hungary | 639,430 | 2023 | +1.94% | +4.39% | View data |
| 9 | 9 Portugal | 129,080 | 2023 | +20.13% | +104.55% | View data |
| 10 | 10 Latvia | 92,280 | 2023 | -4% | -3.63% | View data |
