The sold production of aluminium bars, rods, and profiles in Austria has shown variable trends over the years. In 2023, the production stood at 114.57 million kilograms. The annual fluctuations indicate periods of growth and decline. Notably, significant growth was observed in years like 2017 (+14.67%) and 2021 (+16.65%), while 2020 faced a downturn with a -6.67% change. Over the last two years, production decreased by -1.58% in 2023 and -5.97% in 2022. The average variation per year over the last five years (CAGR) for 2023 was -0.42%.
Looking ahead, forecasts predict a steady decline, with a CAGR of -1.3% through 2028. The five-year growth rate indicates a decrease of -6.31% by 2028. Future trends to watch for include technological advancements in aluminium production, shifts in global demand, and environmental regulations that could impact production levels. Monitoring these factors will be crucial for anticipating changes in production trends.
