In 2023, the aluminium turnover in Germany stood at 15.50 Billion Euros. The forecasted turnover for the years 2024 through 2028 displays a consistent year-on-year growth, starting from 15.73 Billion Euros in 2024 to 16.68 Billion Euros in 2028. The variations for the one-year period from 2023 to 2024 show an increase of approximately 1.48%. Over the last two years, this reflects a somewhat steady growth trend. The Compound Annual Growth Rate (CAGR) for the five-year span from 2024 to 2028 indicates an average annual increase of around 1.49%.
Key future trends to watch for include the impact of emerging technologies on aluminium production efficiency, regulatory changes affecting aluminium tariffs and international trade, and shifts in demand driven by the automotive and construction industries focusing on sustainable materials. Additionally, global economic factors and recovery post-COVID-19 could influence market dynamics.
