In 2023, the production of aluminium bars, rods, and profiles in the Netherlands stood at 249.81 million kilograms. Over the past two years, production increased by 2.26% in 2022 and by 2.4% in 2023. The compound annual growth rate (CAGR) for the last five years was 4.71%. From 2013 to 2023, the industry witnessed substantial volatility, including a significant 34.42% increase in 2018 and a notable decrease of 6.61% in 2020.
The forecasted data from 2024 to 2028 indicate a stable growth in production, with a forecasted five-year CAGR of 1.71% and an overall growth rate of 8.84%. This suggests a more moderated growth phase compared to previous years.
Future trends to watch for:
- Potential impacts of global economic conditions on aluminium demand.
- Technological advancements in aluminium production.
- Regulatory changes impacting environmental sustainability in production processes.
- Shifts in global supply chain dynamics and raw material availability.