Forecast: Sold Production of Aluminium Alloy Plates, Sheets and Strips in the UK

In 2023, the UK saw an actual sold production of aluminium alloy plates, sheets, and strips valued at approximately 122.54 million kilograms. Forecasted data indicates a consistent yearly decline in production volume from 2024 to 2028. Specifically, a year-on-year decrease of around 3% is anticipated from 2024 through 2025, continuing at a similar rate through subsequent years. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests an average annual decline of about 3.5%.

Future trends to watch include:

  • Impact of global demand changes and alternative materials on aluminium consumption.
  • Technological advancements potentially boosting production efficiency.
  • Economic and regulatory factors influencing production capabilities and costs.

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