The UK market for Aluminium Alloy Bars, Rods, Profiles, and Hollow Profiles, excluding those prepared for structural use, reached a value of 866.45 million euros in 2023. From 2013 to 2023, the market experienced various growth phases, notably with year-on-year growth surges in 2014, 2015, and 2021, but also a downturn in 2020 due to market disruptions. The five-year CAGR from 2019 to 2023 was 0.75%, indicating steady but slow long-term growth.
Future trends to watch for include:
- A focus on sustainability and recycling, potentially impacting material demand and regulation.
- Technological advancements in production processes, possibly reducing costs and enhancing efficiency.
- The influence of global trade dynamics and tariffs, which could shape export and import conditions.
How does the United Kingdom rank in Aluminium Alloy Bars, Rods, Profiles and Hollow Profiles (Excluding Rods and Profiles Prepared for Use in Structures) Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,716,000,000 | 2023 | +0.55% | +2.29% | View data |
| 2 | 2 France | 1,888,700,000 | 2023 | +5.58% | +0.37% | View data |
| 3 | 3 Poland | 1,170,600,000 | 2023 | +6.5% | +3.48% | View data |
| 4 | 4 United Kingdom | 866,450,000 | 2023 | +0.96% | +0.75% | |
| 5 | 5 Austria | 431,720,000 | 2023 | +2.43% | +2.83% | View data |
| 6 | 6 Portugal | 368,550,000 | 2023 | +3.87% | +0.83% | View data |
