From 2013 to 2023, the German market for copper plates, sheets, and strips has experienced fluctuating trends in value. The market saw a consistent decline from 2013 to 2016, reaching its lowest point in 2016. A significant recovery occurred in 2017 with a 30.58% increase in value, followed by a relatively stable period with minor year-on-year variations. Over the last two years, the market showed a steady decline with an annual decrease of around 1.28%. The compound annual growth rate (CAGR) for the last five years stands at -0.69%, indicating a slight average annual decrease. In 2023, the market size was valued at 712.54 million Euros.
Future trends to watch for include potential impacts of technological advancements in copper production, shifts in demand from key industries like electronics and construction, and the influence of global economic factors and raw material price fluctuations. The adoption of sustainable and recycled copper products may also influence market dynamics.
How does Germany rank in Copper Plates, Sheets and Strip Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 712,540,000 | 2023 | -1.28% | -0.69% | |
| 2 | 2 Italy | 514,350,000 | 2023 | -2.1% | -3.43% | View data |
| 3 | 3 Spain | 154,350,000 | 2023 | +0.82% | -1.49% | View data |
| 4 | 4 Poland | 100,740,000 | 2023 | -0.79% | -0.85% | View data |
| 5 | 5 Hungary | 84,099,000 | 2023 | +2.02% | +4.72% | View data |
