The sold production of aluminium alloy plates, sheets, and strips in France showed significant volatility over the past decade. Following a decline from 1.6166 billion euros in 2015 to 1.5695 billion euros in 2016, there was a substantial increase of 12.54% in 2017, reaching 1.7663 billion euros. The period between 2018 and 2019 saw minor decreases, with values stabilizing around 1.75 billion euros.
The COVID-19 pandemic impacted the market significantly in 2020, causing a dramatic drop of 23.86%. However, the market recovered with an 18% resurgence in 2021. In subsequent years, growth continued with a 9.62% increase in 2022 and a further 6.42% rise in 2023, bringing the value to 1.8308 billion euros. The compound annual growth rate (CAGR) over the last five years to 2023 stood at 1.18%.
Looking at forecasts, the market is expected to grow steadily. By 2028, the value is projected to reach 1.9488 billion euros. The forecast over the next five years shows a 0.99% CAGR and an overall growth rate of 5.06%.
Future trends to watch for include potential impacts of sustainability initiatives, innovations in production technology, and shifts in global supply chains. These factors could significantly influence market dynamics and growth trajectories.
