Based on the forecasted data for 2023, Germany leads the market with a share of 24.02%, followed by Norway at 19.33% and Italy at 14.35%. Most notable year-on-year variations include Germany (+2.33%), Romania (+2.01%), Poland (-0.27%), and the United Kingdom (-2.93%). Long-term trends should consider CAGR over the last 5 years to provide insights into average annual changes.
Future Trends to Watch
Moving forward, it is crucial to monitor technological advancements in aluminum production, geopolitical shifts affecting trade relations, and sustainability policies aimed at reducing carbon footprints. These factors will significantly influence production shares across European countries.
Top countries in Sold Production of Unwrought Aluminium Alloys Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.02 | 2023 | +7.24% | +2.33% | View data |
| 2 | 2 Norway | 19.33 | 2023 | +0.13% | +0.65% | View data |
| 3 | 3 Italy | 14.35 | 2023 | -0.95% | -0.53% | View data |
| 4 | 4 Spain | 7.96 | 2023 | +0.11% | -3.1% | View data |
| 5 | 5 Austria | 7.33 | 2023 | +6.1% | +1.12% | View data |
| 6 | 6 France | 6.8 | 2023 | +0.25% | -0.7% | View data |
| 7 | 7 Poland | 4.72 | 2023 | +1.37% | -0.27% | View data |
| 8 | 8 United Kingdom | 4.35 | 2023 | -0.2% | -2.93% | View data |
| 9 | 9 Romania | 3.58 | 2023 | +2.41% | +2.01% | View data |
| 10 | 10 Slovakia | 2.88 | 2023 | +0.59% | +0.45% | View data |
