The market for Aluminium Plates, Sheets, and Strips with thickness over 0.2 mm in Spain has shown a consistent decline from 2013 to 2023, with the value reaching 0.57792 billion Euros in 2023. The market has shown a year-on-year decrease, particularly in the last two years, which saw a -6.78% decrease in 2022 and a further -7.2% in 2023. Over the five-year period from 2018 to 2023, the compound annual growth rate (CAGR) was -4.76%, indicating a significant and persistent downward trend.
Future trends to watch for:
- Potential recovery from declines through innovation and demand in sustainable applications.
- Fluctuations in global aluminium prices impacting the domestic market.
- Brexit and other geopolitical factors influencing trade and market dynamics in Spain.
How does Spain rank in Aluminium Plates, Aluminium Sheets and Aluminium Strip, of a Thickness Superior to 0,2 Mm Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,768,000,000 | 2023 | -8.14% | -6.52% | View data |
| 2 | 2 United Kingdom | 2,114,300,000 | 2023 | +1.47% | +0.9% | View data |
| 3 | 3 Poland | 889,790,000 | 2023 | +1.78% | +0.7% | View data |
| 4 | 4 Spain | 577,920,000 | 2023 | -7.2% | -4.76% | |
| 5 | 5 Czech Republic | 430,450,000 | 2023 | +3.9% | +1.01% | View data |
| 6 | 6 Greece | 293,550,000 | 2023 | -0.48% | +0.26% | View data |