The UK market for copper alloy refined copper wire saw a notable decline from 2012 to 2022, with periods of slight recovery. The market peaked at 609.82 million Euros in 2012 but experienced fluctuations, decreasing significantly to 436.02 million Euros by 2022.
Year-on-year variations show considerable volatility, with the market experiencing both sharp declines, such as -18.21% in 2020, and gradual recoveries, such as a 16.89% increase in 2021. The five-year CAGR from 2018 to 2022 indicates an average annual decrease of -4.12%.
Future trends to monitor include potential market stabilization post-2022, driven by evolving industrial demands and technological advancements. The impact of regulatory changes and global economic conditions should also be closely observed.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,359,200,000 | 2023 | -0.018% | +0.79% | View data |
| 2 | 2 Czech Republic | 532,920,000 | 2023 | -0.19% | -1.38% | View data |
| 3 | 3 United Kingdom | 422,770,000 | 2023 | -3.04% | -3.3% | |
| 4 | 4 Austria | 328,030,000 | 2023 | +3.4% | -1.69% | View data |
| 5 | 5 Portugal | 271,930,000 | 2023 | -1.98% | -2.25% | View data |
