The forecasted copper domestic material consumption in Germany shows a consistent decline from 2024 to 2028, starting at 984.48 thousand metric tons in 2024 and decreasing annually to 931.73 thousand metric tons by 2028. This represents a steady year-on-year decline ranging from approximately 1.4% to 1.5%. The compound annual growth rate (CAGR) over these five years indicates a slight negative trend. In 2023, the actual consumption stood slightly higher, reflecting the forecasted downtrend.
Future trends to watch for include potential shifts in demand due to technological advancements or changes in copper usage across industries. Additionally, policy changes aimed at encouraging recycling or substitution could further impact domestic consumption patterns in Germany.
