The market for Aluminium Plates, Sheets, and Strips with a thickness greater than 0.2 mm in Germany has demonstrated a declining trend from 2019 onwards. The market size value stood at 2.768 billion Euros in 2023. Over the most recent two years, the market has experienced consecutive declines of 7.6% and 8.14% year-on-year. Furthermore, the Compound Annual Growth Rate (CAGR) from 2018 to 2023 was -6.52%, highlighting a significant contraction during this period.
Future trends to watch for include:
- Potential recovery driven by advancements in lightweight automotive and aerospace sectors.
- Growing demand for sustainable materials which may drive product innovation.
- Economic policies impacting production costs and market operations.
How does Germany rank in Aluminium Plates, Aluminium Sheets and Aluminium Strip, of a Thickness Superior to 0,2 Mm Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,768,000,000 | 2023 | -8.14% | -6.52% | |
| 2 | 2 United Kingdom | 2,114,300,000 | 2023 | +1.47% | +0.9% | View data |
| 3 | 3 Poland | 889,790,000 | 2023 | +1.78% | +0.7% | View data |
| 4 | 4 Spain | 577,920,000 | 2023 | -7.2% | -4.76% | View data |
| 5 | 5 Czech Republic | 430,450,000 | 2023 | +3.9% | +1.01% | View data |
