Analyzing the data from 2013 to 2023, the production of aluminium in France showed significant variability. Production in 2023 stood at 1,267.5 million kilograms. There were notable increases, such as the jump of 68.01% in 2015, and instances of decline, notably by 38.85% in 2013. From 2021 to 2023, there were mixed trends with a decrease of -13.08% in 2022 followed by a modest increase of 2.61% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) has been -1.07%.
Looking forward from 2024 to 2028, forecasts predict a steadier but modest annual growth rate with a 5-year CAGR of 0.35% and a total growth of 1.74% over the period. Production is expected to gradually increase to 1,295.4 million kilograms by 2028.
Future trends to watch for:
- Technological advancements in production efficiency.
- Fluctuations in global aluminium prices.
- Impact of environmental regulations and sustainability initiatives.
- Changes in domestic and international demand.