The Czech Republic's aluminium market showed a steady increase in value from 2013 to 2023, reaching 2.2023 billion Euros by 2023. The market experienced significant growth, with notable year-on-year increases like 25.48% in 2015 and consistent improvements from 2020 onwards, achieving a 3.27% rise in 2023. The compound annual growth rate (CAGR) over the last five years was 3.01%, indicating sustained growth.
Future trends to watch for in the Czech aluminium market include:
- Technological advancements in aluminium production, enhancing efficiency and reducing costs.
- Rising demand for lightweight materials in automotive and aerospace sectors.
- Increasing focus on recycling and sustainable practices influencing market dynamics.
| # | 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 |
| 6 | 6 Czech Republic | 2,202,300,000 | 2023 | +3.27% | +3.01% | |
| 7 | 7 Portugal | 1,148,700,000 | 2023 | +3.46% | +2.12% | View data |
| 8 | 8 Slovakia | 1,116,900,000 | 2023 | +3.5% | +2.53% | View data |
