The aluminium market in Bulgaria has seen a gradual increase in volume, with 2023 figures reaching 132.14 million kilograms. The year-on-year variation indicates a stable growth trend, with an increase of 2.77% from 2022 to 2023. Over the last two years, the growth has been consistent, reflecting an encouraging market environment. The compound annual growth rate (CAGR) over the past five years stands at 3.28%, showcasing positive momentum.
Future trends to watch for:
- Potential increase in demand driven by construction and automotive sectors.
- Growing focus on recycling and sustainability may impact production methods.
- Global economic conditions and trade policies could influence market dynamics.
How does Bulgaria 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 |
| 12 | 12 Denmark | 187,570,000 | 2023 | +2.12% | -0.79% | View data |
| 13 | 13 Finland | 155,520,000 | 2023 | +3.42% | -0.35% | View data |
| 14 | 14 Bulgaria | 132,140,000 | 2023 | +2.77% | +3.28% | |
| 15 | 15 Lithuania | 33,443,000 | 2023 | +6.97% | +4.54% | View data |
