In 2023, Sweden topped European countries in domestic copper consumption, followed closely by Bulgaria, showcasing positive growth. Meanwhile, Poland, Germany, and Macedonia experienced declines in usage. Notably, Southern European nations like Greece and Ireland have seen increased variations, whereas Portugal has faced a decrease in consumption. The negative values in Denmark, Norway, UK, and France indicate either a decline in domestic consumption or potential larger exports compared to imports.
Future trends to watch include the emergence of Eastern Europe with potential growth due to increased industrial activity. Conversely, Western European countries may focus on sustainability and recycling, impacting the net domestic consumption of copper. Monitoring regulatory changes and technological advancements in copper usage will be critical for predicting future consumption patterns across these countries.
Top countries in Copper Domestic Material Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 34,760 | 2023 | +1.27% | +2.14% | View data |
| 2 | 2 Bulgaria | 33,840 | 2023 | +1.32% | +1.32% | View data |
| 3 | 3 Poland | 20,870 | 2023 | -1.44% | -0.9% | View data |
| 4 | 4 Serbia | 19,160 | 2023 | +2.68% | +3.64% | View data |
| 5 | 5 Spain | 14,180 | 2023 | +4.28% | +3% | View data |
| 6 | 6 Portugal | 4,430 | 2023 | -6% | -6.82% | View data |
| 7 | 7 Romania | 3,930 | 2023 | +6.01% | +7.23% | View data |
| 8 | 8 Germany | 998.2 | 2023 | -1.38% | -4.37% | View data |
| 9 | 9 Macedonia | 800.29 | 2023 | -2.96% | -3.89% | View data |
| 10 | 10 Italy | 594.78 | 2021 | +21.59% | View data |
