The Unwrought Aluminium Market in Austria experienced fluctuating growth from 2012 to 2022. The market value generally increased, reaching 2.1999 Billion Euros in 2022 from 1.5316 Billion Euros in 2012. Key observations include a significant decline of 13.34% in 2013, followed by considerable growth of 28.63% in 2015. The highest year-on-year growth was 12.42% in 2017, with a consistent upward trend peaking at 2.1806 Billion Euros in 2018. From 2019 to 2022, the market saw minor fluctuations but maintained a positive trajectory.
- Year-on-year growth for the last two years: 1.75% in 2021 and 2.34% in 2022.
- CAGR over the last five years: approximately 2.35%.
Future trends to watch for include potential impacts of global economic conditions, technological advancements in aluminium production, and increasing demand in sectors like automotive and construction, which could drive further growth in the unwrought aluminium market in Austria.
How does Austria rank in Unwrought Aluminium Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,204,200,000 | 2023 | -0.58% | -2.67% | View data |
| 2 | 2 Spain | 3,211,200,000 | 2023 | +3.16% | +4.86% | View data |
| 3 | 3 Austria | 2,338,000,000 | 2023 | +3.32% | +1.4% | |
| 4 | 4 Czech Republic | 768,900,000 | 2023 | +2.58% | +1.24% | View data |
| 5 | 5 Hungary | 698,950,000 | 2023 | -0.98% | -2.33% | View data |
