The Portuguese market for Aluminium Alloy Bars, Rods, Profiles, and Hollow Profiles witnessed a growth trajectory with some fluctuations. In 2023, the market stood at 368.55 million Euros, marking a 3.87% increase from the previous year. Despite slight declines in 2019 and 2020, the overall trend from 2018 to 2023 shows consistent growth with a Compound Annual Growth Rate (CAGR) of 0.83%. The period from 2013 to 2018 saw a significant surge, peaking in 2018 with a 33.92% increase over the previous year, showcasing robust demand during those years.
Future trends to watch for:
- Impact of technological advancements on production efficiency and cost reduction.
- Influence of environmental regulations on material usage and recycling practices.
- Potential market expansion driven by increased demand in construction and automotive industries.
How does Portugal 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% | View data |
| 5 | 5 Austria | 431,720,000 | 2023 | +2.43% | +2.83% | View data |
| 6 | 6 Portugal | 368,550,000 | 2023 | +3.87% | +0.83% | |
| 7 | 7 Finland | 204,480,000 | 2023 | +2.82% | +1.48% | View data |
| 8 | 8 Slovakia | 179,180,000 | 2023 | +2.37% | +1.04% | View data |
