The forecast for the sold production of aluminium alloy bars, rods, profiles, and hollow profiles in Germany from 2024 to 2028 shows a consistent declining trend beginning at 452.51 million kilograms in 2024, decreasing to 431.28 million kilograms by 2028. As of 2023, the production stood at 457 million kilograms, indicating a steady year-on-year decline averaging around 1.2%. Over the five-year period, the CAGR reflects a negative growth, driven by anticipated weakening demand or increasing substitution by alternative materials.
Future trends to watch for include:
- Potential impact of technological advancements that may improve production efficiency or alter demand patterns.
- Regulatory changes related to the environment and emissions which could further influence production volumes.
- Industry shifts towards lightweight and eco-friendly materials possibly affecting aluminium consumption.
