From 2013 to 2019, the production of unwrought aluminium alloys in Denmark was non-existent. However, starting in 2020, production surged to 6040 kilograms and has since evidenced fluctuations, with a value standing at 3580 kilograms in 2023. The production witnessed a 54.44% decline in 2021 before rebounding by 15.12% in 2022 and 13.01% in 2023. The forecast indicates steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.97% over the next five years, culminating in a 40.07% total increase by 2028.
Future trends to watch for:
- Technological innovation in the production process
- Global market demand and supply dynamics
- Environmental regulations affecting production methods
- Economic policies and trade agreements impacting the aluminium industry
