The Aluminium Market in Austria has shown significant growth over the past decade, starting from 1.6132 Billion Euros in 2012 to 2.9894 Billion Euros in 2022. The market experienced fluctuations, with notable dips in 2013 but a strong recovery and subsequent growth, particularly from 2017 onwards. The pace of growth accelerated post-2017, illustrated by year-on-year increases, notably 12.89% in 2017 and 11.5% in 2018. The Compound Annual Growth Rate (CAGR) over the last five years indicates a strong average annual growth of 6.36%, exemplifying steady market performance and resilience.
Future trends to watch include the impact of advancing technologies in aluminium production, sustainability practices, and the increasing demand for aluminium in industries such as automotive and construction. Market dynamics will likely be influenced by global economic conditions, regulatory changes, and trade policies. Keeping an eye on supply chain efficiencies and material innovations will be essential in understanding the market trajectory moving forward into 2024 and beyond.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,603,000,000 | 2023 | -0.21% | -1.64% | View data |
| 2 | 2 Italy | 8,312,300,000 | 2023 | -0.44% | -0.91% | View data |
| 3 | 3 Poland | 5,426,400,000 | 2023 | +4.21% | +1.58% | View data |
| 4 | 4 Spain | 5,042,100,000 | 2023 | +2.57% | +3.23% | View data |
| 5 | 5 Austria | 3,123,900,000 | 2023 | +3.64% | +4.99% | |
| 6 | 6 Czech Republic | 2,202,300,000 | 2023 | +3.27% | +3.01% | View data |
| 7 | 7 Portugal | 1,148,700,000 | 2023 | +3.46% | +2.12% | View data |
