The unwrought unalloyed refined copper market in Finland has shown considerable fluctuation over the past decade. The volume stood at 99.031 million kilograms in 2023. The market experienced a significant drop in 2013 but recovered steadily until 2016. The years from 2017 to 2019 saw slight declines. After a rise in 2020 and 2021, 2022 had another drop, returning to relatively flat growth in 2023. Over the last five years, the compound annual growth rate (CAGR) was marginal at 0.21%.
Looking forward to 2028, the market is forecasted to grow at a modest CAGR of 0.45%, translating to a total growth rate of approximately 2.26% over the next five years.
Future trends to watch for include advancements in recycling technologies, increasing demand from the renewable energy sector, and potential fluctuations in global copper prices that could influence Finland’s market dynamics.
