The aluminium market in Denmark showed variable growth from 2012 to 2022. The market saw a significant dip in 2013 with a -9.8% year-on-year variation, followed by periods of both growth and decline. The years 2015 and 2016 were strong, posting 15.03% and 5.95% growth year-on-year respectively. However, the trend was not consistent over the decade, with noticeable declines in 2018, 2019, and particularly in 2021 with a -6.71% year-on-year change. The market rebounded slightly in 2022 with a 2.95% increase. Over the past five years until 2022, the compounded average growth rate (CAGR) was -1.61%, indicating a declining trend.
Future trends to watch for in the aluminium market in Denmark include:
- Technological advancements in production and recycling processes.
- Shifts in consumer demand driven by sustainability efforts.
- Potential impact from new environmental regulations and policies.
- Fluctuations in global trade and market conditions affecting raw material supply and pricing.
How does Denmark rank in Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
| 10 | 10 Portugal | 292,520,000 | 2023 | +2.41% | +1.58% | View data |
| 11 | 11 Croatia | 249,070,000 | 2023 | +8.41% | +10.93% | View data |
| 12 | 12 Denmark | 187,570,000 | 2023 | +2.12% | -0.79% | |
| 13 | 13 Finland | 155,520,000 | 2023 | +3.42% | -0.35% | View data |
| 14 | 14 Bulgaria | 132,140,000 | 2023 | +2.77% | +3.28% | View data |
