The forecasted production of aluminium alloy bars, rods, profiles, and hollow profiles in the UK shows a gradual decline from 77.616 million kilograms in 2024 to 76.993 million kilograms in 2028. This reflects a steady decrease in production volume over the five-year forecast period. In 2023, actual production stood at approximately the same level as the beginning of the forecast period.
Year-on-year variations between 2024 and 2028 show a consistent downward trend, although the changes are relatively small, suggesting a slight contraction in the market. Observing the trend, the compound annual growth rate (CAGR) indicates a marginal annual decline over this period.
Future trends to watch for include developments in aluminum demand driven by technology and automotive sectors, shifts in global trade policies affecting the UK, and advancements in recycling technologies which could influence production dynamics. Environmental regulations and energy prices will also impact production costs and capacities.
