The production of unwrought aluminium in France stood at 565.74 million kilograms in 2023. Over the past decade, the sector saw significant fluctuations with notable peaks in 2017 and 2021, and a general declining trend especially post-2021. The year-on-year variation from 2022 to 2023 was a decline of 1.72%, continuing a slight downward trend seen since 2021. The compound annual growth rate (CAGR) over the past five years was -0.15%, indicating a mild overall decrease in production levels.
Looking ahead, the forecast for the years 2024 to 2028 indicates a continuous decline in production levels with a forecasted 5-year CAGR of -1.42%. By 2028, production is expected to decrease further by 6.88% from the 2024 levels.
Future trends to watch for include:
- Advancements in recycling technologies which could offset some of the declines in production.
- Impact of environmental regulations on the aluminium production industry.
- Potential shifts in demand due to changes in global market dynamics and industry demands.
