The German copper bars, rods, and profiles market demonstrated volatility from 2013 to 2023, peaking in 2014 and experiencing significant fluctuations thereafter. By 2023, the market volume settled at 168.43 million kilograms, reflecting a slight decline of 0.63% compared to 2022. Over the past five years, the compound annual growth rate (CAGR) was -1.37%, indicating a gradual downturn.
Future trends to watch for include:
- Potential impacts of technological advancements in recycling and copper substitution.
- Shifts in international trade policies affecting import/export dynamics.
- Growing demand linked to renewable energy initiatives boosting production of solar panels and electric vehicles.
How does Germany rank in Copper Bars, Rods and Profiles Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 435,030,000 | 2023 | +1.08% | -2.35% | View data |
| 2 | 2 Germany | 168,430,000 | 2023 | -0.63% | -1.37% | |
| 3 | 3 Spain | 84,599,000 | 2023 | +0.088% | +1.27% | View data |
| 4 | 4 France | 64,478,000 | 2023 | +0.017% | -0.77% | View data |
| 5 | 5 Denmark | 13,282,000 | 2023 | +2.88% | -0.4% | View data |
