The Copper Tubes, Pipes, and Tube or Pipe Fittings market in Lithuania reached a volume of 2,005.1 thousand kilograms in 2023. Over the past decade, the market has shown consistent growth, with significant year-on-year increases until 2020, when growth steadied. Between 2018 and 2023, the Compound Annual Growth Rate (CAGR) was 9.84%, demonstrating a steady expansion in the market. The last two years, 2022 and 2023, saw modest year-on-year growth rates of 5.71% and 5.32%, respectively, indicating a deceleration in growth when compared to previous years.
Future trends to watch:
- Technological advancements in manufacturing that improve efficiency and reduce costs.
- Increasing demand for sustainable and eco-friendly materials impacting product offerings.
- Potential impact of geopolitical influences on copper supply and market stability.
- Continued urbanization and infrastructure development driving demand for copper products.
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 82,075,000 | 2023 | -3.64% | -3.86% | View data |
| 2 | 2 France | 45,821,000 | 2023 | +1.4% | -0.94% | View data |
| 3 | 3 United Kingdom | 40,706,000 | 2023 | +0.96% | +0.5% | View data |
| 4 | 4 Spain | 34,373,000 | 2023 | +1.86% | +1.35% | View data |
| 5 | 5 Poland | 31,067,000 | 2023 | +0.68% | +1.09% | View data |
| 12 | 12 Denmark | 4,991,100 | 2023 | -0.15% | -0.68% | View data |
| 13 | 13 Croatia | 2,733,100 | 2023 | +2.35% | +1.26% | View data |
| 14 | 14 Lithuania | 2,005,100 | 2023 | +5.32% | +9.84% | |
| 15 | 15 Estonia | 636,640 | 2023 | -2.16% | -1.81% | View data |
