In 2023, Greece led in European sold production of aluminium ores and concentrates, valued at 53.495 million Euros, while Bosnia and Herzegovina, Montenegro, Hungary, and Denmark followed. Recent data shows Bosnia and Herzegovina grew by 1.49%, Montenegro by 10.37%, whereas Hungary declined by 7.37%. Denmark remained constant. This trend highlights notable growth in Montenegro, stable outputs in Denmark, and challenges in Hungary.
Future trends to watch include potential growth in Balkan regions like Montenegro, driven by increasing demand. Conversely, Hungary might face further declines unless economic or industrial changes occur. Monitoring price fluctuations and regulatory changes in the EU will be crucial.
Top countries in Sold Production of Aluminium Ores and Concentrates by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 53,495,000 | 2021 | View data | ||
| 2 | 2 Bosnia and Herzegovina | 26,453,000 | 2023 | +1.31% | +1.49% | View data |
| 3 | 3 Montenegro | 19,921,000 | 2023 | +5.21% | +10.37% | View data |
| 4 | 4 Hungary | 254,420 | 2023 | -8.46% | -7.37% | View data |
| 5 | 5 Denmark | 73,380 | 2023 | -4.54% | View data |
