The Copper Alloy Refined Copper Wire market in Portugal has seen fluctuations over the past decade, culminating in a value of 271.93 million Euros in 2023. The market experienced a notable decline in 2014 and 2020, with the latter seeing a significant year-on-year drop of 18.74%. Despite recovery attempts, recent years have shown a slight negative trend, with a consistent annual decrease near 2% since 2021. Over the last five years, the market has contracted at a CAGR of -2.25%.
Future trends to watch for include:
- Potential recovery aligned with global copper demand influenced by green technologies.
- Market adjustments due to geopolitical changes affecting supply chains.
- Technological advancements in copper wire applications potentially driving new demand.
| # | 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% | |
| 6 | 6 Hungary | 230,940,000 | 2023 | -1.48% | -2.43% | View data |
| 7 | 7 Denmark | 37,740,000 | 2023 | -4% | -1.98% | View data |
