The Hungarian Copper Alloy Refined Copper Wire market has exhibited a declining trend over the past decade, with the market value in 2023 standing at 230.94 million Euros. Recent years (2022-2023) have shown a continuous contraction in market size, with a year-on-year decrease of 1.48% in 2023. Over the last five years, the market has had an average annual decline (CAGR) of 2.43%, indicating persistent contraction in market value since 2019.
Future trends to watch for include:
- Potential recovery driven by demand from burgeoning sectors like electric vehicles and renewable energy.
- Impact of regulatory changes and trade policies affecting copper supply and pricing.
- Development and adoption of alternative materials or technologies that could influence copper wire usage.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,359,200,000 | 2023 | -0.018% | +0.79% | View data |
| 2 | 2 Czech Republic | 532,920,000 | 2023 | -0.19% | -1.38% | View data |
| 3 | 3 United Kingdom | 422,770,000 | 2023 | -3.04% | -3.3% | View data |
| 4 | 4 Austria | 328,030,000 | 2023 | +3.4% | -1.69% | View data |
| 5 | 5 Portugal | 271,930,000 | 2023 | -1.98% | -2.25% | View data |
| 6 | 6 Hungary | 230,940,000 | 2023 | -1.48% | -2.43% | |
| 7 | 7 Denmark | 37,740,000 | 2023 | -4% | -1.98% | View data |
