The Aluminium Foil market in Slovakia, defined by foil thickness of 0.2 mm or less, reached a volume of 13.641 million kilograms in 2023. This represents a 3.65% year-on-year growth. Over the past five years, the market exhibited a compound annual growth rate of 4.22%, depicting a steady increase in demand with minimal fluctuations. The notable rise in 2015 was followed by moderate variations, with slight declines in 2016 and 2018, then consistent growth thereafter.
Future market trends to observe include the potential impact of eco-friendly packaging solutions and innovations in aluminium foil recycling processes. Additionally, economic factors and consumer behavior shifts towards sustainability could influence market dynamics significantly.
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 255,090,000 | 2023 | +1.32% | -0.18% | View data |
| 2 | 2 Germany | 167,730,000 | 2023 | +0.1% | +0.9% | View data |
| 3 | 3 United Kingdom | 122,280,000 | 2023 | +1.04% | +0.4% | View data |
| 4 | 4 Poland | 107,670,000 | 2023 | +3.98% | +4.18% | View data |
| 5 | 5 Belgium | 54,158,000 | 2023 | +2.1% | +2.66% | View data |
| 8 | 8 Ireland | 17,995,000 | 2023 | +5.81% | +1.21% | View data |
| 9 | 9 Hungary | 14,932,000 | 2023 | +1.39% | +2.13% | View data |
| 10 | 10 Slovakia | 13,641,000 | 2023 | +3.65% | +4.22% | |
| 11 | 11 Portugal | 11,897,000 | 2023 | +5.26% | +5.14% | View data |
