The unwrought aluminium market in Germany experienced fluctuations from 2012 to 2022. The market saw a significant drop from 2012 to 2015, bottoming out in 2015 with a slight rebound in 2016 due to an 11.34% year-on-year increase. From 2017 to 2019, the market saw moderate fluctuation before a declining trend continued through 2020 to 2022. Over the last five years, the compound annual growth rate (CAGR) averaged at -1.97%, indicating an overall decline in this period.
For future trends, stakeholders should watch for potential impacts of environmental regulations, technological advancements in aluminium production, and shifts in global supply chains that may affect the demand and supply dynamics of the unwrought aluminium market in Germany.
Other trends to monitor include:
- Increasing investments in recycling and sustainable aluminium production.
- Potential shifts in automotive and aerospace industries' aluminium consumption.
- Global economic conditions influencing trade policies and aluminium prices.
How does Germany 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% | |
| 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% | View data |
| 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 |
