The UK market for Aluminium Plates, Sheets, and Strip thicker than 0.2 mm has exhibited considerable fluctuations from 2013 to 2023. Starting at 448.62 million kilograms in 2013, the market saw significant growth reaching its peak in 2015, followed by a downtrend. The market hit a low in 2020 with a volume of 399.74 million kilograms but showed recovery signs in 2021. As of 2023, the market volume stands at 479.14 million kilograms. Over the past two years, the market experienced minor declines of just 0.17% annually. The average annual contraction rate over the last five years was 0.14%.
Future trends to watch for include:
- Potential market revival driven by increased demand in industries such as construction and automotive.
- The impact of sustainability initiatives and technological advancements on aluminium production.
- Likely influences of geopolitical factors and international trade policies on the UK aluminium market.
How does the United Kingdom rank in Aluminium Plates, Aluminium Sheets and Aluminium Strip, of a Thickness Superior to 0,2 Mm Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,500,900,000 | 2023 | +0.36% | +0.34% | View data |
| 2 | 2 United Kingdom | 479,140,000 | 2023 | -0.17% | -0.14% | |
| 3 | 3 Poland | 315,770,000 | 2023 | +6.34% | +7.73% | View data |
| 4 | 4 Spain | 280,380,000 | 2023 | -1.44% | -0.35% | View data |
| 5 | 5 Netherlands | 185,150,000 | 2023 | +3.69% | +5.69% | View data |
