Over the last decade, Hungary's unwrought non-alloy aluminium market has shown fluctuations in volume, culminating at 180.06 million kilograms in 2023. Initially marked by strong growth, reaching its peak in 2015, the market has experienced periods of decline and modest recovery. Noteworthy trends include a gradual decline from 2020 to 2021, offset by a recovery of 4.24% in 2022 and a growth of 3.18% in 2023. Over the last five years, the compound annual growth rate (CAGR) stands at -0.22%, indicating a relatively stable yet slightly declining trend.
Future trends to watch for:
- Expect modest growth or stabilization in aluminium demand as economic conditions recover post-pandemic.
- Monitor global aluminium prices and supply chain dynamics for potential impact on volume.
- Observe environmental policies and technological advancements influencing market dynamics.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 668,770,000 | 2023 | +2.75% | +1.1% | View data |
| 2 | 2 Germany | 550,520,000 | 2023 | -6.44% | -6.65% | View data |
| 3 | 3 Poland | 192,680,000 | 2023 | +3.22% | +1.97% | View data |
| 4 | 4 Hungary | 180,060,000 | 2023 | +3.18% | -0.22% | |
| 5 | 5 United Kingdom | 161,050,000 | 2023 | -0.2% | -1.63% | View data |
| 6 | 6 Croatia | 35,056,000 | 2023 | -3.34% | -2.39% | View data |
