The market size for aluminium plates, sheets, and strips of thickness superior or equal to 0.2 mm in Portugal increased from 27.431 million euros in 2013 to 34.968 million euros in 2023. The market experienced fluctuations, with the most significant growth in 2016 with a 32.34% increase. Since 2019, the market showed a trend of decline, but it started recovering moderately in 2022 and 2023, with respective increases of 3.16% and 3.01%. The Compound Annual Growth Rate (CAGR) over the last five years was -1.29%, indicating a slight average decline annually.
Future trends to watch include:
- Increasing demand for lightweight and recyclable materials in various industries, which could drive further growth.
- Technological advancements that enhance production efficiency.
- Global market dynamics and regulatory changes that might impact supply chains and cost structures.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,925,500,000 | 2023 | +2.25% | +2.77% | View data |
| 2 | 2 France | 359,890,000 | 2023 | +0.84% | -0.61% | View data |
| 3 | 3 Czech Republic | 90,104,000 | 2023 | -2.55% | -3.68% | View data |
| 4 | 4 Portugal | 34,968,000 | 2023 | +3.01% | -1.29% | |
| 5 | 5 Ireland | 28,634,000 | 2023 | +3.09% | +2.35% | View data |
| 6 | 6 Estonia | 3,106,400 | 2023 | +0.94% | +0.67% | View data |
