The Hungarian market for aluminium foil of thickness inferior or equal to 0.2 mm has displayed variable performance as indicated by year-on-year changes which fluctuated from positive growth to declines over the years. In 2023, the market size stood at 145.7 million Euros, representing a slight 1.04% increase from 2022, emphasizing its stability. Over the last five years, the compound annual growth rate (CAGR) marked a minimal upward trend at 0.099% annually.
- 2013-2018: Initial fluctuations with notable growth in 2017 and consistent growth thereafter.
- 2019-2023: Market encounters slight declines in some years but regains stability towards the end.
Future trends to watch for include the impact of sustainability and environmental policies leading to innovation and efficiency gains in aluminum production, as well as shifts in consumer packaging demands that could influence market dynamics. Additionally, economic developments and trade policies will be key determining factors for future market growth and stability.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,127,400,000 | 2023 | -0.36% | +0.18% | View data |
| 2 | 2 Poland | 544,130,000 | 2023 | +3.88% | +5.16% | View data |
| 3 | 3 United Kingdom | 535,840,000 | 2023 | +0.56% | +0.22% | View data |
| 4 | 4 France | 314,960,000 | 2023 | -1.22% | -2.76% | View data |
| 5 | 5 Greece | 172,700,000 | 2023 | -0.68% | -0.0029% | View data |
| 6 | 6 Belgium | 149,550,000 | 2023 | -3.04% | -2.51% | View data |
| 7 | 7 Denmark | 149,070,000 | 2023 | +1.18% | +0.69% | View data |
| 8 | 8 Hungary | 145,700,000 | 2023 | +1.04% | +0.099% | |
| 9 | 9 Sweden | 119,730,000 | 2023 | -1.32% | -1.47% | View data |
| 10 | 10 Czech Republic | 119,560,000 | 2023 | -2.2% | -0.36% | View data |
