In 2024, Germany leads the European aluminium market with a turnover of 24.86 million Euros, though it saw a slight decline of 0.89% in 2023. Spain follows with a turnover of 11.14 million Euros, dropping by 0.34%. Norway, third in line with 10.83 million Euros, experienced a significant downturn of 1.98%. Italy and France contribute 9.34 and 8.17 million Euros respectively, both facing declines too. Notably, Poland, Iceland, and Greece exhibited positive growth, showing resilience with increases of 5.89%, 2.95%, and 2.67%, respectively.
Future trends to watch include stronger performances by smaller markets such as Greece, Iceland, and Finland, which are exhibiting promising upward trends. Austria and Romania also show potential for growth, supported by their positive year-on-year variations. Conversely, markets like France and Luxembourg might need strategic adjustments to combat their declining turnovers.
Top countries in Aluminium Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.86 | 2023 | +5.7% | -0.89% | View data |
| 2 | 2 Spain | 11.14 | 2023 | +7.04% | -0.34% | View data |
| 3 | 3 Norway | 10.83 | 2023 | -0.0015% | -1.98% | View data |
| 4 | 4 Italy | 9.34 | 2023 | +3.76% | -0.67% | View data |
| 5 | 5 France | 8.17 | 2023 | +4.27% | -2.03% | View data |
| 6 | 6 Greece | 6.18 | 2023 | +3.04% | +2.67% | View data |
| 7 | 7 Austria | 6.14 | 2023 | +5.62% | +1.51% | View data |
| 8 | 8 Poland | 5.29 | 2023 | +17.03% | +5.89% | View data |
| 9 | 9 United Kingdom | 2.92 | 2023 | -1.09% | -1.9% | View data |
| 10 | 10 Iceland | 2.37 | 2023 | +3.75% | +2.95% | View data |
