In 2023, Germany's production of copper tubes and pipes stood at an actual figure of 135.5 million kilograms. From this point, a five-year forecast indicates a consistent year-on-year decrease in production with a decline totaling about 5% to 6% each year. Specifically, a decrease from 129.97 million kilograms in 2024 to 106.1 million kilograms by 2028. This indicates a cumulative annual growth rate (CAGR) of approximately -5% from 2024 through 2028, reflecting a steady reduction in production volume.
Future trends to watch for include:
- Impact of technological advancements on production efficiency.
- Changes in global demand that may influence German export operations.
- Environmental policies that could affect copper manufacturing processes.
- Shifts in alternative materials usage impacting copper demand.
