The aluminium market in Denmark has experienced fluctuations over the last decade. From 2013 to 2020, values showed a mixed trend, peaking in 2018 at 670.07 million euros before a decline in subsequent years. However, since 2020, the market has gradually recovered, reaching 650.1 million euros in 2023, with a year-on-year growth rate of 3.13%. The CAGR over the last five years stands at -0.6%. Forecasts predict a steady growth, with values expected to reach 745.78 million euros by 2028, reflecting a 5-year CAGR of 2.18%.
Future trends to watch for in the aluminium market in Denmark include:
- Increasing demand driven by construction and automotive sectors
- Advancements in recycling technologies
- Fluctuations in global aluminium prices
- Impact of environmental regulations on production processes
