The Aluminium Market in Denmark has experienced notable fluctuations over the past decade, with values starting at 484.56 million euros in 2012 and reaching 620.97 million euros in 2022. Observing the year-on-year variations, the market saw significant drops, particularly in 2013 with a -6% decline, followed by substantial growth periods, such as the 23.17% increase in 2015. More recently, the market demonstrated notable resilience, recovering by 4.37% in 2021 and maintaining stability with a slight 0.84% uptick in 2022.
Key Value Trends:
- 2012-2015: Marked by sharp declines and a massive rebound (2012: -9.21%, 2013: -6%, 2015: +23.17%).
- 2016-2018: Steady growth with annual upticks (2016: +3.66%, 2017: +3.53%, 2018: +2.52%).
- 2019-2022: Mixed trend with dips and recoveries (2019: -5.41%, 2020: -6.91%, 2021: +4.37%, 2022: +0.84%).
Significant focus should be on the Compound Annual Growth Rate (CAGR) over different periods. From 2015 to 2019, the market enjoyed an average annual growth of 5.09%, while the period from 2020 to 2022 saw a slight downturn with a -1.02% CAGR.
Future Trends to Watch For:
- Potential supply chain disruptions affecting raw material availability.
- Increasing emphasis on sustainable and recycled aluminum, in line with global green policies.
- Technological advancements improving efficiency and reducing costs in aluminum production.
How does Denmark rank in Aluminium Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,603,000,000 | 2023 | -0.21% | -1.64% | View data |
| 2 | 2 Italy | 8,312,300,000 | 2023 | -0.44% | -0.91% | View data |
| 3 | 3 Poland | 5,426,400,000 | 2023 | +4.21% | +1.58% | View data |
| 4 | 4 Spain | 5,042,100,000 | 2023 | +2.57% | +3.23% | View data |
| 5 | 5 Austria | 3,123,900,000 | 2023 | +3.64% | +4.99% | View data |
| 8 | 8 Slovakia | 1,116,900,000 | 2023 | +3.5% | +2.53% | View data |
| 9 | 9 Finland | 704,110,000 | 2023 | +3.43% | +2.76% | View data |
| 10 | 10 Denmark | 650,100,000 | 2023 | +3.13% | -0.6% | |
| 11 | 11 Lithuania | 150,930,000 | 2023 | +6.41% | +4.08% | View data |
| 12 | 12 Estonia | 103,200,000 | 2023 | +3.56% | +1.97% | View data |
