The unwrought non-alloy aluminium market in Germany witnessed a significant downward trend from 2013 to 2023, shrinking from 1.0325 billion kilograms to 0.55052 billion kilograms. The compound annual growth rate (CAGR) over the last five years was -6.65%, indicating a persistent decline. Notably, from 2021 to 2023, the market experienced a sharper contraction, with a 6.44% decrease in 2023 alone compared to the previous year.
Future trends to watch for might include:
- Potential recovery in demand driven by technological advancements and new aluminium applications.
- Impact of environmental regulations and a shift towards more sustainable practices in production.
- Changes in global trade policies affecting import and export dynamics.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 668,770,000 | 2023 | +2.75% | +1.1% | View data |
| 2 | 2 Germany | 550,520,000 | 2023 | -6.44% | -6.65% | |
| 3 | 3 Poland | 192,680,000 | 2023 | +3.22% | +1.97% | View data |
| 4 | 4 Hungary | 180,060,000 | 2023 | +3.18% | -0.22% | View data |
| 5 | 5 United Kingdom | 161,050,000 | 2023 | -0.2% | -1.63% | View data |
