In 2023, Norway and Italy led the European market for unwrought aluminium alloys, representing substantial shares of total production value. Norway topped the list, despite a slight year-on-year decline of 1.83%, while Italy saw significant growth with an 8.66% increase. Germany maintained a steady position, accounting for a considerable share with minimal variation. Meanwhile, countries like Estonia and Finland experienced notable increases, while Lithuania witnessed the largest decline. Over the past five years, the compound annual growth rate indicates a relatively stable market environment with isolated fluctuations among certain countries.
Future trends to watch include continued investment and technological advancements in energy efficiency and recycling processes, which may shift production capacities. Additionally, geopolitical developments and trade regulations will likely influence market dynamics and national shares in the European aluminium sector.
Top countries in Sold Production of Unwrought Aluminium Alloys Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 20.55 | 2023 | +2.51% | -1.83% | View data |
| 2 | 2 Italy | 19.09 | 2023 | +14.09% | +8.66% | View data |
| 3 | 3 Germany | 15.4 | 2023 | +6.81% | +0.96% | View data |
| 4 | 4 Spain | 8.88 | 2023 | +4.33% | -2.71% | View data |
| 5 | 5 Austria | 8.01 | 2023 | +7.47% | +0.77% | View data |
| 6 | 6 France | 6.92 | 2023 | +2.91% | -2.55% | View data |
| 7 | 7 United Kingdom | 4.77 | 2023 | +0.77% | -3.26% | View data |
| 8 | 8 Poland | 4.41 | 2023 | +0.87% | -2.87% | View data |
| 9 | 9 Romania | 4.02 | 2023 | +2.59% | +0.95% | View data |
| 10 | 10 Slovakia | 3.21 | 2023 | +0.95% | -0.22% | View data |
