The unwrought aluminium market size value in the Czech Republic increased from 553.16 million Euros in 2013 to 768.9 million Euros in 2023. Over this period, the market experienced fluctuations, with noticeable growth between 2013 and 2015 and significant declines in 2019. The recent two years saw a modest recovery with 2.65% and 2.58% year-on-year growth for 2022 and 2023, respectively. The compound annual growth rate over the last five years was 1.24%, indicating a slow upward trend.
Future trends to watch for include:
- Shifts in global aluminium demand due to sustainability initiatives.
- Technological advancements in the aluminium production process.
- Impacts of potential trade policies on import and export dynamics.
How does the Czech Republic rank in Unwrought Aluminium Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,204,200,000 | 2023 | -0.58% | -2.67% | View data |
| 2 | 2 Spain | 3,211,200,000 | 2023 | +3.16% | +4.86% | View data |
| 3 | 3 Austria | 2,338,000,000 | 2023 | +3.32% | +1.4% | View data |
| 4 | 4 Czech Republic | 768,900,000 | 2023 | +2.58% | +1.24% | |
| 5 | 5 Hungary | 698,950,000 | 2023 | -0.98% | -2.33% | View data |
| 6 | 6 Bulgaria | 383,810,000 | 2023 | +2.81% | +3.13% | View data |