Between 2012 and 2022, Italy's aluminium market showed notable fluctuations in volume, starting at 2.8748 billion kilograms in 2012 and ending at 3.2732 billion kilograms in 2022. The market experienced various phases of growth and decline, with significant annual variations ranging from a high of 6.29% growth in 2016 to a decline of 15.64% in 2012. The compound annual growth rate (CAGR) over the last five years has mostly been negative, with the most recent period (2017-2022) showing a slight negative average annual growth rate of -0.63%.
Recent years have seen more stability in volume, with a marginal decrease in 2022 at -0.24%. Despite recent downturns, there's potential for a stable yet modest recovery starting in 2023.
Future trends to watch for include:
- Environmental regulations potentially affecting production and consumption.
- Technological advancements aiming at increasing efficiency and recycling rates.
- Global economic factors influencing export and import volumes.
How does Italy rank in Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
