The Aluminium Bars, Rods, and Profiles market in Portugal reached 392.83 million Euros in 2023. This represents a 3.6% increase from the previous year. Over the last five years, the market has shown moderate growth with a compound annual growth rate (CAGR) of 5.84%. Although the market experienced fluctuations, including a decline in 2019 and 2020, it has generally trended upwards since 2013. Notably, the market surged by 33.71% in 2018, marking a significant peak in its growth trajectory.
- Future trends to watch include technological advancements that could enhance production efficiency and sustainability.
- Consider the impact of national and EU environmental regulations that may affect manufacturing processes and costs.
- Trade policies and international demand shifts could further influence market dynamics.
- Investments in the construction and automotive sectors may drive demand for aluminium products.
How does Portugal rank in Aluminium Bars, Rods and Profiles Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,794,200,000 | 2023 | +0.13% | +2.35% | View data |
| 2 | 2 Italy | 2,292,600,000 | 2023 | -0.071% | +1.13% | View data |
| 3 | 3 France | 1,992,200,000 | 2023 | +2.04% | +0.51% | View data |
| 4 | 4 United Kingdom | 936,820,000 | 2023 | +1.74% | +1.36% | View data |
| 5 | 5 Portugal | 392,830,000 | 2023 | +3.6% | +0.57% | |
| 6 | 6 Finland | 208,260,000 | 2023 | +2.8% | +1.51% | View data |
| 7 | 7 Slovakia | 200,030,000 | 2023 | +3.52% | +1.6% | View data |
