The unwrought aluminium market in Austria exhibited varied yearly growth and contractions from 2012 to 2022. Starting at 615.65 million kilograms in 2012, the market value declined to 521.04 million kilograms in 2013, reflecting a year-on-year decrease of 15.37%. The market saw recovery years with fluctuations, such as an increase of 5.97% in 2014 and a notable rise of 18.92% in 2015. By 2018, the volume peaked at 783.5 million kilograms, the highest in the period, before experiencing declines and smaller variations in subsequent years. As of 2022, the market value stood at 727.57 million kilograms.
Key variations over the last two years (2020-2022) show a year-on-year decline of 2.34% in 2020, a further decrease of 2.4% in 2021, and an increase of 2.32% in 2022. The compound annual growth rate (CAGR) over the last five years (2017-2022) depicted a marginal average growth of 0.28%, illustrating a market with minor fluctuations and slight overall growth.
Future trends to watch for include potential market stabilization post-2022, advancements in aluminium processing technologies, and increased demand for sustainable materials, which could positively influence the unwrought aluminium market in Austria.
How does Austria rank in Unwrought Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,356,600,000 | 2023 | +0.42% | -1.99% | View data |
| 2 | 2 Italy | 2,112,500,000 | 2023 | +1.72% | -0.34% | View data |
| 3 | 3 Spain | 1,141,300,000 | 2023 | +2.83% | +1.71% | View data |
| 4 | 4 France | 870,150,000 | 2023 | +0.27% | -0.18% | View data |
| 5 | 5 Poland | 831,750,000 | 2023 | +4.51% | +0.72% | View data |
| 6 | 6 Austria | 743,320,000 | 2023 | +2.19% | -1.05% | |
| 7 | 7 Czech Republic | 246,950,000 | 2023 | +1.68% | -1.11% | View data |
| 8 | 8 Netherlands | 227,970,000 | 2023 | +0.13% | +2.26% | View data |
