The market size for Aluminium Alloy Bars, Rods, Profiles, and Hollow Profiles in Austria reached 431.72 million euros in 2023. The data showcases a positive growth trend over the past decade, with significant fluctuations driven by economic and industrial factors. In 2023, the market saw a 2.43% increase compared to 2022. The five-year compound annual growth rate (CAGR) up to 2023 was 2.83%, indicating steady upward momentum despite occasional yearly declines.
Future trends to watch for include:
- Technological advancements improving alloy strength and usage.
- Increased demand in the automotive and construction industries.
- Potential impacts from sustainability initiatives and regulations.
How does Austria rank in Aluminium Alloy Bars, Rods, Profiles and Hollow Profiles (Excluding Rods and Profiles Prepared for Use in Structures) Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,716,000,000 | 2023 | +0.55% | +2.29% | View data |
| 2 | 2 France | 1,888,700,000 | 2023 | +5.58% | +0.37% | View data |
| 3 | 3 Poland | 1,170,600,000 | 2023 | +6.5% | +3.48% | View data |
| 4 | 4 United Kingdom | 866,450,000 | 2023 | +0.96% | +0.75% | View data |
| 5 | 5 Austria | 431,720,000 | 2023 | +2.43% | +2.83% | |
| 6 | 6 Portugal | 368,550,000 | 2023 | +3.87% | +0.83% | View data |
| 7 | 7 Finland | 204,480,000 | 2023 | +2.82% | +1.48% | View data |
