The copper market size by volume in Hungary was at 82.597 million kilograms in 2023. Over the past decade, the volume has generally trended upwards, with 2013 beginning at 70.031 million kilograms. Recent analysis shows marginal growth, with a 1.45% year-on-year increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at 1.53%, indicating moderate and sustainable growth despite some fluctuations.
Future trends to watch for include:
- Potential shifts in demand due to technological advancements and increased industrial activity.
- Potential impacts from global copper supply disruptions or policy changes affecting imports and exports.
- Sustainability initiatives influencing recycling and the use of copper alternatives.
How does Hungary 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 |
| 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 |
| 9 | 9 Hungary | 82,597,000 | 2023 | +1.45% | +1.53% | |
| 10 | 10 Portugal | 59,745,000 | 2023 | -4.4% | -3.4% | View data |
| 11 | 11 Denmark | 29,233,000 | 2023 | -0.65% | -0.7% | View data |
