The observed copper secondary refinery production in Turkey ranged significantly from 2013 to 2023, with the value standing at 10.45 thousand metric tons in 2023. Over this period, the production saw both spikes and dips, showing a rather volatile pattern. Notably, 2014 experienced a 100% increase from the previous year, then stabilized until 2016 when it sharply dropped by 50%. This was followed by a period of fluctuation, with notable increases in 2017 and 2018 and slight declines in 2019 and 2020. The production trend recovered with a 23.9% increase in 2021, followed by moderate growth in the subsequent years.
When analyzing the future trend from 2024 to 2028, the forecast indicates a steady rise with a CAGR of 1.95%. The value is expected to reach 11.83 thousand metric tons by 2028, reflecting a cumulative growth rate of 10.12% over these five years. These projections suggest stable growth, contrasting with the historical volatility observed in the decade prior.
Future trends to watch for include global copper prices, technological advancements in recycling, and regulatory changes in environmental policies, all of which could significantly impact Turkey's copper secondary refinery production. Monitoring these factors will be crucial for anticipating shifts in production patterns.
