The forecasted production of unwrought refined copper and copper alloys in Germany is expected to grow steadily from 2024 to 2028, starting at 38.528 million kilograms in 2024 and reaching 40.336 million kilograms by 2028. In 2023, the production stood at 38.1 million kilograms. The year-on-year increase shows consistent growth, with a moderate average annual growth rate, marking a steady upward trend over the forecast period. This suggests a stable demand and production capacity in the German market.
Future trends to watch for include the impact of global economic conditions, technological advancements in recycling processes, and potential shifts in demand driven by the transition to renewable energy sources and electric vehicles, which may further influence copper production.
