The Finnish market for aluminium alloy bars, rods, profiles, and hollow profiles (excluding those for structural use) showed a fluctuating trend over the reviewed period. By 2023, the market volume reached 30.846 million kilograms. The market demonstrated growth from 2013 to 2019, peaking at slight fluctuations, followed by a noticeable dip in 2020. However, it rebounded with year-on-year increases of 8.62% in 2021 and 3.66% in 2022, with the growth rate stabilizing at 1.52% in 2023. The compound annual growth rate (CAGR) over the past five years was 0.96%, indicative of modest yet persistent expansion.
Future trends to watch for include:
- Potential market growth influenced by the increasing demand for lightweight materials in automotive and aerospace industries.
- Technological advancements in alloy compositions to enhance strength and on-going cost efficiency initiatives.
- Sustainability concerns may drive the preference for recyclable aluminium products, stimulating market demand.
How does Finland rank in Aluminium Alloy Bars, Rods, Profiles and Hollow Profiles (Excluding Rods and Profiles Prepared for Use in Structures) Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 686,780,000 | 2023 | -0.98% | -1.72% | View data |
| 2 | 2 Italy | 401,380,000 | 2023 | -2.22% | +0.66% | View data |
| 3 | 3 France | 323,310,000 | 2023 | +0.72% | -0.67% | View data |
| 4 | 4 Netherlands | 289,750,000 | 2023 | +3.73% | +6.29% | View data |
| 5 | 5 United Kingdom | 193,140,000 | 2023 | +1.59% | +0.46% | View data |
| 7 | 7 Portugal | 57,023,000 | 2023 | +0.3% | -0.047% | View data |
| 8 | 8 Slovakia | 40,607,000 | 2023 | +2.78% | +4.09% | View data |
| 9 | 9 Finland | 30,846,000 | 2023 | +1.52% | +0.96% | |
| 10 | 10 Denmark | 26,097,000 | 2023 | -0.5% | -0.63% | View data |
| 11 | 11 Lithuania | 20,154,000 | 2023 | +5.95% | +4.75% | View data |
