The unwrought aluminium market size in Poland has demonstrated significant growth from 2013 to 2023, with incremental increases most years except for a downturn in 2019 and 2020. As of 2023, the market stands at 831.75 Million Kilograms, marking a 4.51% increase from the previous year. Over the last five years, the market experienced a CAGR of 0.72%, with noticeable recovery and growth post-2020.
The forecasted data suggest a steady increase, anticipating a 15.99% growth from 2023 to 2028, with an average annual growth rate of 3.01%. Future trends to watch for include the impact of renewable energy investments, sustainability initiatives, and shifts in global demand due to geopolitical changes.
Short-term and long-term variations:
- Year-on-year variations for 2022 and 2023 were 4.77% and 4.51%, respectively.
- The five-year CAGR from 2024 to 2028 is expected to be 3.01%.