The Aluminium Bars, Rods, and Profiles market in the Netherlands has shown a steady increase in volume from 2013 to 2023, with the market reaching 300.21 million kilograms in 2023. This represents a significant growth spurt since 2013, which started at 150.89 million kilograms. Year-on-year growth rates have fluctuated, spiking notably in years like 2015 (20.89%) and 2020 (14.97%). Over the last two years, the market has grown by 4.24% in 2022 and 4.46% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) stands at 5.97%.
Looking ahead, the market is forecasted to continue to expand, reaching 362.45 million kilograms by 2028. Future trends to watch include a slower growth rate, with the five-year forecasted CAGR from 2024 to 2028 at 2.98%, suggesting market maturation. Yet, it still represents a cumulative forecasted growth rate of 15.84% over these five years, indicating sustained demand.
Future trends to watch for:
- Potential market saturation which may slow growth rates
- Impact of sustainability practices on aluminium production
- Technological advancements in manufacturing
- Evolving trade policies affecting supply chains
