Forecast: Aluminium Production Value in Denmark

Aluminium production value in Denmark has shown notable fluctuations over the past decade. From 2013 to 2023, there were periods of significant growth, peaking in 2018, followed by notable declines in subsequent years, particularly in 2020. The value rebounded slightly from 2021 onwards, reaching 309.1 million Euros in 2023. The year-on-year variation for 2023 was 2.69%, reflecting a modest recovery, though the Compound Annual Growth Rate (CAGR) over the past five years stands at -2.31%, indicating an overall decline in recent years.

Future trends indicate a stabilizing market with forecasted growth from 2024 onwards at a slower pace, reflected in the forecasted 5-year CAGR of 0.19%. By 2028, the aluminium production value is expected to reach 312.7 million Euros, showcasing slight but steady growth. Noteworthy trends to watch for include potential market disruptions due to environmental regulations, technological advancements in production efficiency, and shifts in global aluminium demand that could impact Denmark's production value.

Top Countries about Aluminium