In 2023, the aluminium turnover in the UK stood at 1.82 billion Euros. Forecasted data indicate a gradual decline from 2024 through 2028, with values decreasing year-on-year by approximately 1.67% in 2025, 1.13% in 2026, 1.14% in 2027, and concluding with a 1.16% decrease in 2028. The compound annual growth rate (CAGR) for the forecasted period from 2024 to 2028 is indicative of a slow decline in the aluminium market.
Future trends to watch for include potential impacts from global economic conditions, Brexit adjustments, technological advancements, and shifts in consumer demand that could alter supply and pricing dynamics in the aluminium industry.
