The market size for aluminium plates, sheets, and strips of thickness superior to 0.2 mm in Portugal was at 38.764 million kilograms in 2023. The past decade displayed a growth trend with some fluctuations. After a significant growth rate of 18.11% in 2015, there were steady increments, except for 2020, when the market decreased by 7.19% due to global disruptions. The CAGR for the past five years was 2.51%.
The recent years show consistent yet moderate growth, with a 3.71% increase in 2023. Looking forward, potential trends to watch for in this market include:
- Increasing demand from the automotive and construction sectors due to Portugal's growing economy.
- Technological advancements and innovations in aluminium manufacturing processes that may increase efficiency and reduce costs.
- The influence of global economic factors and sustainability trends on production and consumption.
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,500,900,000 | 2023 | +0.36% | +0.34% | View data |
| 2 | 2 United Kingdom | 479,140,000 | 2023 | -0.17% | -0.14% | View data |
| 3 | 3 Poland | 315,770,000 | 2023 | +6.34% | +7.73% | View data |
| 4 | 4 Spain | 280,380,000 | 2023 | -1.44% | -0.35% | View data |
| 5 | 5 Netherlands | 185,150,000 | 2023 | +3.69% | +5.69% | View data |
| 7 | 7 Slovakia | 81,898,000 | 2023 | +3.51% | +3.08% | View data |
| 8 | 8 Denmark | 71,628,000 | 2023 | +2.68% | +2.45% | View data |
| 9 | 9 Portugal | 38,764,000 | 2023 | +3.71% | +2.51% | |
| 10 | 10 Estonia | 5,874,100 | 2023 | +4.15% | +3.15% | View data |
