As of 2023, the production of aluminium and aluminium alloy plates, sheets, and strip in the UK stood at 100 Million Kilograms. Forecasted figures indicate a declining trend from 2024 through 2028, with a year-on-year decrease of approximately 4% each year. By 2028, production is expected to drop to around 80.215 Million Kilograms. This trend represents a compound annual growth rate (CAGR) of approximately -5.32% over the five-year period.
Future trends to watch for include technological advancements in production efficiency, potential shifts in demand due to industry fluctuations, and sustainability initiatives influencing production practices. Monitoring global market dynamics and trade policies will also be critical.
