From 2013 to 2023, Hungary's market size for aluminum foil of a thickness equal to or less than 0.2 mm, expressed in million kilograms, showed a general uptrend. The market volume grew from 11.438 million kilograms in 2013 to 14.932 million kilograms in 2023. Despite some fluctuations, the last five years achieved a compound annual growth rate (CAGR) of 2.13%. Significant fluctuations include a marked dip in 2020 and a robust recovery in 2021.
Future trends to watch for:
- Increased demand for sustainable packaging solutions, potentially driving growth in aluminum foil usage.
- Technological advancements in manufacturing processes enhancing product quality and efficiency.
- Potential impacts of environmental regulations, influencing market dynamics.
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 255,090,000 | 2023 | +1.32% | -0.18% | View data |
| 2 | 2 Germany | 167,730,000 | 2023 | +0.1% | +0.9% | View data |
| 3 | 3 United Kingdom | 122,280,000 | 2023 | +1.04% | +0.4% | View data |
| 4 | 4 Poland | 107,670,000 | 2023 | +3.98% | +4.18% | View data |
| 5 | 5 Belgium | 54,158,000 | 2023 | +2.1% | +2.66% | View data |
| 7 | 7 Greece | 30,862,000 | 2023 | -7.95% | -4.21% | View data |
| 8 | 8 Ireland | 17,995,000 | 2023 | +5.81% | +1.21% | View data |
| 9 | 9 Hungary | 14,932,000 | 2023 | +1.39% | +2.13% | |
| 10 | 10 Slovakia | 13,641,000 | 2023 | +3.65% | +4.22% | View data |
| 11 | 11 Portugal | 11,897,000 | 2023 | +5.26% | +5.14% | View data |
