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Copper Production in Germany - Market Research Report (2014-2029)

Ashkan Salim Ashkan Salim Frankfurt, Germany Last Updated: May 2024 WZ C24.44DE

Revenue

€21.1bn

2024

€21.1bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

20,767

Businesses

42

Wages

€X.Xbn

Copper Production in Germany industry analysis

The copper production and initial processing industry has increased its turnover over the last five years. On average, there was annual growth of 2.6%. Industry players benefited from an overall rise in the price of copper and growing demand for this metal, although the sector was also affected by negative economic developments that led to temporary declines in turnover. In the current year, copper manufacturers are likely to record a 2% decline in turnover. This means that industry turnover in 2024 is expected to amount to 21.1 billion euros.
The copper production and initial processing industry is of great importance to the German economy, as copper is a versatile and indispensable raw material that is used in many branches of industry. Copper is an excellent conductor of heat and electricity, which makes it an indispensable material in the electrical and electronics industry. It is also required in the construction industry for pipelines, facades, roofs and cabling, as well as in vehicle construction and for railway infrastructure. The switch to electromobility has had a positive impact on the demand for copper in recent years. On average, electric vehicles contain more copper than vehicles with combustion engines, as the raw material is required for the electric drive systems and batteries. Given the need for extensive investment in production facilities and the development of distribution infrastructures in order to operate successfully in the industry, consolidation trends have been observed on the market in recent years.For the period between 2024 and 2029, IBISWorld expects industry turnover to increase by an average of 1% per year. In 2029, industry turnover is expected to amount to 22.3 billion euros. This development is likely to be driven primarily by the high demand for copper in the automotive and electrical industries. The market in Germany is also likely to be dominated by a small number of traditional copper producers over the next five years.

Trends and Insights

  • The expansion of electromobility is fuelling demand for industry products. Copper is used in numerous components of electric vehicles.
  • The advancing digitalisation is leading to increased demand for copper products from the electrical industry. As a result, sales growth is being recorded for wires in particular.
  • North Rhine-Westphalia offers copper producers particularly favourable conditions thanks to its good production and transport infrastructure. The central region also has a large number of well-trained and experienced workers in the metal processing sector.
  • The industry is dominated by two suppliers. The market leaders Aurubis and Wieland benefit from long-standing relationships with customers and suppliers and can manufacture their products at lower costs than their competitors by achieving economies of scale.

Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 2.6 % over the past five years, to reach an estimated €21.1bn in 2024.

Trends and Insights

The production and initial processing of copper is a multi-stage process

  • Copper has been extracted in various ways for thousands of years. One common method is the melting of copper ores in a smelting furnace. The ores are first crushed and placed in the furnace, where they are melted at high temperatures. Impurities such as sulphur and iron are removed in order to obtain pure copper.
  • Additional trends and insights available with purchase
Copper Production in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Biggest companies in the Copper Production in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Aurubis AG
5,736.0
Wieland-Werke AG
3,026.0
KME SE
1,128.4

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Copper Production in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Plates, sheets and strips, Wire and Bars and profiles. Plates, sheets and strips is the largest segment of the Copper Production in Germany.

Trends and Insights

The proportion of sales generated with sheets, plates and strips is slightly down

  • The sheets, plates and strips made of copper and copper alloys in this segment are more than 0.15 millimetres thick. They are mainly used in construction, electrical engineering and mechanical engineering. Products with lower thicknesses are categorised as foils or thin strips.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry is concerned with the production of pure copper from ores, residual materials or scrap. The industry also includes the production of copper alloys such as bronze and brass and initial smelted products such as fused wire and strips, semi-finished copper products and drawn wire made of copper or copper alloys. The industry does not include the casting of copper or copper alloys or the production of insulated wire.

What's included in this industry?

Plates, sheets and stripsWireBars and profilesTubes

Companies

Aurubis AGWieland-Werke AGKME SE

Purchase this report to view all 5 major companies in this industry.

Related Terms

COPPER SLIDEALLOYINGPRIMARY PRODUCTIONFORGEROLLINGDRAWING

Industry Code

WZ 2008

WZ 24.44 - Copper Production in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The expansion of electromobility is fuelling demand for industry products. Copper is used in numerous components of electric vehicles.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

The advancing digitalisation is leading to increased demand for copper products from the electrical industry. As a result, sales growth is being recorded for wires in particu...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

North Rhine-Westphalia offers copper producers particularly favourable conditions thanks to its good production and transport infrastructure. The central region also has a la...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The industry is dominated by two suppliers. The market leaders Aurubis and Wieland benefit from long-standing relationships with customers and suppliers and can manufacture t...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

The market leader Aurubis is characterised by its extensive recycling activities. This enables the company to reduce the use of primary raw materials such as copper ore and l...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Aurubis AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Wieland-Werke AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of KME SE's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Aurubis AG, and factors influencing its performance in the industry
  • Description and key data for Wieland-Werke AG, and factors influencing its performance in the industry
  • Description and key data for KME SE, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The industry is heavily regulated in terms of environmental protection and occupational health and safety. For example, CO2 emissions are to be reduced and companies must com...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The cost of materials is by far the largest cost factor. This is due to the high prices for copper that industry players have to pay for input factors such as ores, scrap, bu...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Copper Production industry in Germany in 2024?

The market size of the Copper Production industry in Germany is €21.1bn in 2024.

How many businesses are there in the Copper Production in Germany industry in 2024?

There are 42 businesses in the Copper Production industry in Germany, which has grown at a CAGR of 1.0 % between 2019 and 2024.

Has the Copper Production industry in Germany grown or declined over the past 5 years?

The market size of the Copper Production industry in Germany has been growing at a CAGR of 2.6 % between 2019 and 2024.

What is the forecast growth of the Copper Production industry in Germany over the next 5 years?

Over the next five years, the Copper Production industry in Germany is expected to grow.

What are the biggest companies in the Copper Production market in Germany?

The biggest companies operating in the Copper Production market in Germany are Aurubis AG, Wieland-Werke AG and KME SE

What does the Copper Production in Germany include?

Plates, sheets and strips and Wire are part of the Copper Production industry.

Which companies have the highest market share in the Copper Production in Germany?

The company holding the most market share in Germany is Aurubis AG.

How competitive is the Copper Production industry in Germany?

The level of competition is moderate and steady in the Copper Production industry in Germany.

Related Industries

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Complementors

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View all industries in Germany

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.