The forecast for the sold production of aluminium plates, sheets, and strips in Germany shows a consistent decline from 2024 through 2028, starting at 858.27 million kilograms in 2024 and decreasing to 767.31 million kilograms by 2028. This trend represents a year-on-year decrease of approximately 2.7%-3.0% throughout the forecasted period. Comparatively, based on historical data, we can assume a similar pattern of contraction between 2023 and 2024, though specific figures for 2023 are not provided. The compounded annual growth rate from 2024 to 2028 indicates an average annual decline in production.
Key future trends to watch include potential technological advancements that might improve production efficiency, shifts in global demand, and regulatory changes affecting environmental impact. Additionally, economic conditions and trade relations within Europe and globally will be crucial in shaping the aluminium market in Germany.
