The production of unwrought aluminum alloys in France was non-existent from 2013 until 2015. Starting in 2016, there was a significant production increase, peaking in 2017 with an 18.41% year-on-year rise. However, the production experienced fluctuations from 2018 to 2023, with periods of decline and growth. By 2023, the production stood at approximately 479 million kilograms, a marginal increase from the previous year. The five-year CAGR from 2017 to 2023 was -2.55%, emphasizing an overall decreasing trend. Forecasts indicate a slow and steady growth with a 5-year CAGR of 0.01% by 2028.
Future trends to watch for include:
- Environmental regulations impacting production methods
- Technological advancements in recycling and efficiency
- Market demand fluctuations driven by global economic conditions