In 2023, the market size for Aluminium Alloy Bars, Rods, Profiles, and Hollow Profiles in Lithuania reached 20.154 million kilograms. Over the last two years, year-on-year growth was around 6.39% in 2022 and 5.95% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years stood at 4.75%. This indicates consistent growth but at a decreasing pace compared to earlier years, suggesting market maturation.
Future trends to watch for include:
- Potential innovations in alloy compositions that could improve performance and fuel further growth.
- Shifts in demand driven by construction and manufacturing sectors which are primary users of these products.
- Environmental regulations and sustainability concerns potentially reshaping production processes and material usage.
How does Lithuania rank in Aluminium Alloy Bars, Rods, Profiles and Hollow Profiles (Excluding Rods and Profiles Prepared for Use in Structures) Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 686,780,000 | 2023 | -0.98% | -1.72% | View data |
| 2 | 2 Italy | 401,380,000 | 2023 | -2.22% | +0.66% | View data |
| 3 | 3 France | 323,310,000 | 2023 | +0.72% | -0.67% | View data |
| 4 | 4 Netherlands | 289,750,000 | 2023 | +3.73% | +6.29% | View data |
| 5 | 5 United Kingdom | 193,140,000 | 2023 | +1.59% | +0.46% | View data |
| 9 | 9 Finland | 30,846,000 | 2023 | +1.52% | +0.96% | View data |
| 10 | 10 Denmark | 26,097,000 | 2023 | -0.5% | -0.63% | View data |
| 11 | 11 Lithuania | 20,154,000 | 2023 | +5.95% | +4.75% | |
| 12 | 12 Estonia | 6,120,700 | 2023 | +4.82% | +3.89% | View data |
