The aluminium market in Italy saw a fluctuating trend over the past decade with notable highs and lows. From 2012 to 2022, the market value varied significantly, starting at €7.7509 billion in 2012 and peaking at €9.027 billion in 2017. However, a downturn followed, and by 2022, the value stood at €8.0467 billion. The compound annual growth rate (CAGR) over these years demonstrated a general decrease with some occasional spikes. The last two years depicted minimal fluctuations with slight percentage reductions each year.
Year-on-year variations showed volatility: a significant decline in 2012 by 21.28%, subsequent growth periods like +7.64% in 2015 and +7.85% in 2017, interspersed with declines such as -5.6% in 2016 and -3.76% in 2019. Over the five-year horizon leading to 2022, a negative CAGR was evident, denoting an average annual decline in market value.
Future trends to watch for in the aluminium market include the increasing push for sustainability, technological advancements, and shifts in global supply chains. These factors will likely affect market dynamics and value in the coming years.
How does Italy rank in Aluminium Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,603,000,000 | 2023 | -0.21% | -1.64% | View data |
| 2 | 2 Italy | 8,312,300,000 | 2023 | -0.44% | -0.91% | |
| 3 | 3 Poland | 5,426,400,000 | 2023 | +4.21% | +1.58% | View data |
| 4 | 4 Spain | 5,042,100,000 | 2023 | +2.57% | +3.23% | View data |
| 5 | 5 Austria | 3,123,900,000 | 2023 | +3.64% | +4.99% | View data |
