The aluminium market in Slovakia has experienced moderate growth over the past decade. Starting in 2013 with 490.66 million kilograms, it reached 644.54 million kilograms by 2023. The market saw fluctuating growth rates, peaking in 2017 before a slight decline and then steady recovery thereafter. The most recent year-on-year variation was 3.57%, and the compound annual growth rate (CAGR) over the last five years was 1.73%.
Looking forward, key trends to monitor include:
- Technological advancements in aluminium production.
- Shifts in global demand and trade dynamics.
- Environmental regulations and sustainability initiatives impacting the industry.
- Economic conditions within the EU and globally that could influence market demand.
How does Slovakia rank in Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
| 6 | 6 Austria | 930,720,000 | 2023 | +6.5% | +1.16% | View data |
| 7 | 7 Slovakia | 644,540,000 | 2023 | +3.57% | +1.73% | |
| 8 | 8 Czech Republic | 561,720,000 | 2023 | +1.76% | +0.43% | View data |
| 9 | 9 Hungary | 364,220,000 | 2023 | -12.8% | -8.36% | View data |
