The aluminium market size in Spain experienced a fluctuating trend from 2012 to 2022. Following initial declines in 2013, the industry observed steady growth from 2014 to 2019, marked by substantial year-on-year increases and healthy average CAGR figures. Despite a notable drop in 2020 due to global disruptions, the sector rebounded in 2021 and maintained moderate growth into 2022. The five-year CAGR from 2018 to 2022 was robust, averaging 4.23%.
Future trends to watch for include technological advancements, sustainability initiatives, and fluctuations in global demand, which will likely influence growth projections and market dynamics heading into 2024 and beyond.
How does Spain rank in Aluminium Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,603,000,000 | 2023 | -0.21% | -1.64% | View data |
| 2 | 2 Italy | 8,312,300,000 | 2023 | -0.44% | -0.91% | View data |
| 3 | 3 Poland | 5,426,400,000 | 2023 | +4.21% | +1.58% | View data |
| 4 | 4 Spain | 5,042,100,000 | 2023 | +2.57% | +3.23% | |
| 5 | 5 Austria | 3,123,900,000 | 2023 | +3.64% | +4.99% | View data |
| 6 | 6 Czech Republic | 2,202,300,000 | 2023 | +3.27% | +3.01% | View data |
