In Germany, the aluminium market displayed moderate growth from 2012 to 2022. The volume increased from 7.8849 billion kilograms in 2012 to 8.2865 billion kilograms in 2022. During this period, the market experienced fluctuations, including significant growth in 2016 and slight declines in subsequent years. The year-on-year variations highlight notable changes such as a 7.57% increase in 2016 and a 5.87% decrease in 2019, with a most recent 0.26% rise in 2022. The compound annual growth rate (CAGR) over the last five years reflected a slight downturn, approximating -1.17% from 2018 to 2022.
Future trends to watch in the aluminium market include potential impacts of increased sustainability practices, technological advancements in production, and shifts in global supply chains which may influence market dynamics. Keeping an eye on changes in regulatory environments and evolving consumer preferences towards eco-friendly materials will be crucial for understanding future market directions.
How does Germany rank in Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
