The aluminium market in Lithuania has shown significant growth since 2013, reaching a value of 150.93 million euros in 2023. The market's growth has been driven by both demand fluctuations and economic factors. From 2019 to 2020, the market experienced a slight decline, followed by a recovery with a year-on-year increase of 15.5% in 2021. The compound annual growth rate (CAGR) over the last five years stands at 4.08%, reflecting a consistent upward trend in the market.
Looking forward, key trends to watch include the impact of global supply chain changes, shifting aluminium demand due to technological advancements, and potential policy shifts favoring sustainable practices in metal production and consumption.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,603,000,000 | 2023 | -0.21% | -1.64% | View data |
| 2 | 2 Italy | 8,312,300,000 | 2023 | -0.44% | -0.91% | View data |
| 3 | 3 Poland | 5,426,400,000 | 2023 | +4.21% | +1.58% | View data |
| 4 | 4 Spain | 5,042,100,000 | 2023 | +2.57% | +3.23% | View data |
| 5 | 5 Austria | 3,123,900,000 | 2023 | +3.64% | +4.99% | View data |
| 9 | 9 Finland | 704,110,000 | 2023 | +3.43% | +2.76% | View data |
| 10 | 10 Denmark | 650,100,000 | 2023 | +3.13% | -0.6% | View data |
| 11 | 11 Lithuania | 150,930,000 | 2023 | +6.41% | +4.08% | |
| 12 | 12 Estonia | 103,200,000 | 2023 | +3.56% | +1.97% | View data |
