In 2023, Bulgaria led European exports of unrefined copper and copper anodes for electrolytic refining by a significant margin, despite a 4.57% decline. Slovakia and Belgium achieved notable growth at 8.19% and 8.73%, respectively. Italy, Germany, and the Netherlands also showed positive trends, with Italy's exports increasing by 10.37%. Portugal experienced an impressive 211.04% increase, although from a low base. Meanwhile, Finland struggled with a 27.8% decrease, and Denmark also saw a reduction. Over the past five years, fluctuations have varied, emphasizing market volatility but indicating long-term growth potential.
Future trends to watch include: - Bulgaria's continued dominance and ability to recover from current declines. - Sustained growth in Slovakia and Belgium, with an eye on diversifying markets. - Countries like Portugal and Sweden potentially emerging as stronger players given their recent growth spikes. - Monitoring the performance of Germany and Italy, given their increasing export volumes which could influence market dynamics. - Overall market outlook remains positive, with potential growth as demand for refined copper rises globally.
Top countries in Export of Unrefined Copper, Copper Anodes for Electrolytic Refining Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 41.51 | 2023 | -0.52% | -4.57% | View data |
| 2 | 2 Slovakia | 24.41 | 2023 | +3.62% | +8.19% | View data |
| 3 | 3 Belgium | 14.18 | 2023 | +3.22% | +8.73% | View data |
| 4 | 4 Spain | 9.17 | 2023 | -89.49% | View data | |
| 5 | 5 Italy | 7.89 | 2023 | +14.62% | +10.37% | View data |
| 6 | 6 Germany | 6.57 | 2023 | +10.29% | +13.34% | View data |
| 7 | 7 Netherlands | 5.84 | 2023 | -2.32% | +9.32% | View data |
| 8 | 8 France | 1.39 | 2023 | +9.73% | +37.88% | View data |
| 9 | 9 Finland | 0.69 | 2023 | -51.97% | -27.8% | View data |
| 10 | 10 Austria | 0.28 | 2023 | +4.14% | +15.74% | View data |
