Between 2012 and 2022, the unwrought aluminium market in Spain saw significant fluctuations in volume. The early part of the decade experienced slight declines and modest growth, with year-on-year changes mostly below 1% until 2016. A notable surge occurred in 2016 with a 31.17% increase, followed by slower growth rates and even declines, particularly in 2020 and 2021. Despite a year-on-year growth of 4.12% in 2022, the CAGR indicated a more tempered average annual growth. By 2023, the market has seen a volume of around 988 million kilograms, pointing to overall growth but interspersed with notable periods of volatility.
Future trends to watch:
- Technological advancements in aluminium production.
- Changes in international trade policies affecting imports and exports.
- Shifts towards sustainability and recyclability in manufacturing processes.
- Market demands influenced by the automotive and construction sectors.
How does Spain rank in Unwrought Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,356,600,000 | 2023 | +0.42% | -1.99% | View data |
| 2 | 2 Italy | 2,112,500,000 | 2023 | +1.72% | -0.34% | View data |
| 3 | 3 Spain | 1,141,300,000 | 2023 | +2.83% | +1.71% | |
| 4 | 4 France | 870,150,000 | 2023 | +0.27% | -0.18% | View data |
| 5 | 5 Poland | 831,750,000 | 2023 | +4.51% | +0.72% | View data |
