Between 2013 and 2023, the aluminium bars, rods, and profiles market in Portugal experienced growth with intermittent declines. As of 2023, the volume stood at 66.107 million kilograms. Notably, there was a yearly increase of 0.76% from 2022 to 2023. The five-year compound annual growth rate (CAGR) was calculated at 0.75%. This indicates a gradual but steady increase overall in recent years, confirming the sector's recovery following specific contraction periods like 2020.
Future trends to watch include potential impacts from technological advancements in aluminium processing, as well as shifts in demand driven by the construction and automotive industries. Additionally, increased sustainability efforts could play a significant role, influencing both production methods and market dynamics.
How does Portugal rank in Aluminium Bars, Rods and Profiles Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 699,580,000 | 2023 | -0.98% | -1.68% | View data |
| 2 | 2 Italy | 552,940,000 | 2023 | -0.35% | +1.23% | View data |
| 3 | 3 Poland | 339,130,000 | 2023 | +5.88% | +4.98% | View data |
| 4 | 4 France | 332,050,000 | 2023 | +0.6% | +0.13% | View data |
| 5 | 5 Netherlands | 300,210,000 | 2023 | +4.46% | +5.97% | View data |
| 6 | 6 United Kingdom | 146,340,000 | 2023 | +0.72% | +0.096% | View data |
| 7 | 7 Portugal | 66,107,000 | 2023 | +0.76% | +0.75% | |
| 8 | 8 Slovakia | 40,128,000 | 2023 | +3.53% | +1% | View data |
| 9 | 9 Finland | 31,422,000 | 2023 | +1.53% | +0.96% | View data |
