The production of aluminium in the Netherlands has demonstrated significant growth over the last decade, with notable fluctuations. Between 2013 and 2015, the production varied, experiencing a dramatic increase of 72.82% in 2016. This upward trajectory continued with some variations, peaking at 477.61 million kilograms in 2020 due to an 86.75% increase that year. From 2021 to 2023, the production consistently rose, ending 2023 at 599.04 million kilograms, representing a 13.41% year-on-year increase. The compound annual growth rate (CAGR) over the last five years stands at 21.62%.
Future trends indicate a strong and consistent rise in aluminium production, with forecasts suggesting a CAGR of 7.09% over the next five years. The production volume is expected to reach 942.7 million kilograms by 2028, demonstrating a 40.88% increase from 2023.
Future trends to watch for include:
- Technological advancements in production processes.
- Environmental regulations influencing production methods.
- Market demand fluctuations both domestically and globally.