The copper market in the Czech Republic has shown varied changes from 2013 to 2023, with volumes peaking in 2016 at 155.67 million kilograms and later stabilizing around 147.61 million kilograms in 2023. In recent years, the market experienced slight growth, with year-on-year increases of 3.12% in 2022 and 2.99% in 2023. Over the past five years, the compound annual growth rate (CAGR) marginally decreased by 0.075%, indicating a largely stable market with minor fluctuations.
Future trends to watch include potential impacts from global supply chain adjustments, technological advancements in copper recycling, and shifts in industrial demand due to increased renewable energy projects. Enhanced regulatory frameworks and technological shifts can also play significant roles in shaping the market dynamics.
How does the Czech Republic rank in Copper Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,040,700,000 | 2023 | -0.8% | -2.1% | View data |
| 2 | 2 Germany | 1,391,200,000 | 2023 | -1.47% | -5.44% | View data |
| 3 | 3 France | 322,180,000 | 2023 | -1.05% | -1.47% | View data |
| 4 | 4 Spain | 247,190,000 | 2023 | -0.97% | -0.75% | View data |
| 5 | 5 Finland | 171,800,000 | 2023 | +2.91% | +2.03% | View data |
| 6 | 6 Czech Republic | 147,610,000 | 2023 | +2.99% | -0.075% | |
| 7 | 7 United Kingdom | 128,860,000 | 2023 | -3.9% | -3.39% | View data |
| 8 | 8 Romania | 114,440,000 | 2023 | +2.91% | +2.19% | View data |