The Copper Ores and Concentrates market in Finland experienced varied trends over the past decade. From 2012 to 2015, the market saw consistent growth with a peak in volume at 568.42 million kilograms in 2015. Post-2015, the market faced a decline, with significant drops in 2017 and 2018, where year-on-year variations were -12.7% and -6.97% respectively. This decline persisted, marking a notable shift from prior growth. By 2022, the volume stabilized with a minimal decline to 423.58 million kilograms. Over the past two years, the market exhibited minor contractions, with a year-on-year variation of -3.15% in 2021 and -0.38% in 2022. The five-year CAGR indicated an average annual decrease of -2.26%. As of 2023, the trend continued downward.
Future trends to watch for include potential technological advancements in extraction and processing that could revitalize the market. Environmental regulations and global demand for copper, driven by its use in renewable energy and electronics, will also play pivotal roles in shaping market dynamics.