In 2023, Italy dominated the European market for copper bars, rods, and profiles, with a significant share of production. Germany followed as the second-largest producer, accounting for over a quarter of the production volume. Spain and France held much smaller shares, with Spain showing a positive trend with a 4.59% increase from the previous year, while France experienced a notable decline of 10.02%. Finland and Denmark had minimal shares, and Slovakia contributed negligibly. Over the last two years, most countries have witnessed either declines or minimal growth.
Looking forward, European nations may focus on adopting sustainable production practices and exploring alternative materials. Market dynamics could shift with technological advancements and an increase in demand for green energy applications, which heavily rely on copper components, possibly altering country-specific production shares. Monitoring economic and geopolitical developments in Europe will be crucial, as they can significantly impact industrial production and trade relations.
Top countries in Sold Production of Copper Bars, Rods and Profiles Share by Country (Kilograms)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.41 | 2023 | -3.71% | -2.14% | View data |
| 2 | 2 Germany | 28.63 | 2023 | -0.06% | -2.5% | View data |
| 3 | 3 Spain | 9.35 | 2023 | +5.15% | +4.59% | View data |
| 4 | 4 France | 6.51 | 2023 | -5.81% | -10.02% | View data |
| 5 | 5 Finland | 0.82 | 2023 | -1.93% | -5.18% | View data |
| 6 | 6 Denmark | 0.12 | 2023 | +11.11% | +5.52% | View data |
| 7 | 7 Slovakia | 0 | 2023 | +7.46% | View data |
