In 2023, Germany led the market for European aluminium products with a significant value of 2.9255 billion Euros, showing a year-on-year growth of 2.77%. France held the second position at 0.35989 billion Euros, though it experienced a decline of 0.61%. The Czech Republic and Portugal also faced contraction, decreasing by 3.68% and 1.29% respectively. In contrast, Ireland and Estonia saw positive growth, rising by 2.35% and 0.67%. Over the last five years, Germany has sustained a strong CAGR, underscoring its market dominance.
Future trends to watch include the progression towards sustainable and eco-friendly aluminium production, innovations in manufacturing techniques to enhance efficiency, and the impact of policy changes on market dynamics. Additionally, the rising demand for lightweight and high-performance materials in automotive and aerospace sectors could further influence growth opportunities in this market.
Top countries in Aluminium Plates, Aluminium Sheets and Aluminium Strip, of a Thickness Superior or Equal to 0,2 Mm Market Size Value by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,925,500,000 | 2023 | +2.25% | +2.77% | View data |
| 2 | 2 France | 359,890,000 | 2023 | +0.84% | -0.61% | View data |
| 3 | 3 Czech Republic | 90,104,000 | 2023 | -2.55% | -3.68% | View data |
| 4 | 4 Portugal | 34,968,000 | 2023 | +3.01% | -1.29% | View data |
| 5 | 5 Ireland | 28,634,000 | 2023 | +3.09% | +2.35% | View data |
| 6 | 6 Estonia | 3,106,400 | 2023 | +0.94% | +0.67% | View data |