The Copper Wire Market Size Value in Austria has fluctuated considerably over the years. In 2012, the market value stood at 357.15 million Euros, which dipped slightly in 2013. The highest value was observed in 2018 at 387.05 million Euros. Post-2018, the market saw reductions with minor fluctuations up to 2022, where it stood at 342.74 million Euros, indicating a general downward trend.
Year-on-year analysis shows the following key movements:
- 2012-2013: Decrease by 2.68%
- 2013-2014: Increase by 8.03%
- 2014-2015: Decrease by 11.94%
- 2015-2016: Increase by 2.64%
- 2016-2017: Increase by 9.39%
- 2017-2018: Increase by 4.34%
- 2018-2019: Decrease by 11.7%
- 2019-2020: Increase by 0.59%
- 2020-2021: Increase by 0.21%
- 2021-2022: Decrease by 0.51%
The CAGR over the last five years highlights an overall slight decline trend:
- 2014-2018: Positive growth, culminating in a 2.19% CAGR
- 2018-2022: Negative growth at a -1.57% CAGR
Moving forward, key trends to watch for include advancements in copper wire technologies, changes in regulatory policies, and the impact of global economic conditions on market dynamics. The market status in 2023 will be crucial to understand the firm direction it is heading towards in 2024 and beyond.
How does Austria rank in Copper Wire Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,335,700,000 | 2023 | -0.89% | -0.32% | View data |
| 2 | 2 Czech Republic | 556,520,000 | 2023 | -0.28% | -1.43% | View data |
| 3 | 3 United Kingdom | 441,140,000 | 2023 | -3.26% | -3.23% | View data |
| 4 | 4 Austria | 351,220,000 | 2023 | -0.26% | -1.92% | |
| 5 | 5 Hungary | 333,750,000 | 2023 | -2.09% | -3.1% | View data |
| 6 | 6 Finland | 176,790,000 | 2023 | -0.47% | -1.35% | View data |
