Forecast: Aluminium Market Size Volume in Denmark

The aluminium market in Denmark has experienced fluctuations over the past years. In 2023, the market stood at 187.57 million kilograms. From 2013 to 2023, the market saw both growth and contractions, with notable increases in 2015 and 2016 and declines in 2018 and 2019. The last two years saw a modest year-on-year growth of 2.24% in 2022 and 2.12% in 2023. Over the last five years, the CAGR showed a slight decline of -0.79%.

Looking ahead to 2028, the aluminium market is forecasted to grow with a CAGR of 1.53%, anticipating an increase to 206.51 million kilograms. This projected growth indicates a steady recovery and expansion phase.

Future trends to watch for include:

  • Potential impact of sustainability initiatives and recycling advancements on aluminium demand.
  • Evolving demands driven by technological advances and shifts in industrial applications.
  • Geopolitical and economic factors that may affect production costs and supply chains.

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