The Aluminum market in Austria displayed notable fluctuations in volume expressed in million kilograms over the past decade. After a downward trend between 2012 and 2013, the market rebounded in 2014 with a significant increase. The years 2015 to 2019 saw consistent growth, peaking in 2019 before a sharp decline in 2020 likely due to global disruptions. A recovery followed in 2021 and stabilized in 2022. The recent year-on-year variations for the last two years confirm this stability, with minor changes. The average annual growth rate over the past 5 years (CAGR) reflects a more muted overall growth.
Future trends to watch for include potential impacts from evolving international trade policies, sustainability and recycling innovations, and the green energy transition. Monitoring these factors will be crucial in understanding and forecasting the aluminum market in Austria moving forward.
How does Austria rank in Aluminium Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
| 6 | 6 Austria | 930,720,000 | 2023 | +6.5% | +1.16% | |
| 7 | 7 Slovakia | 644,540,000 | 2023 | +3.57% | +1.73% | View data |
| 8 | 8 Czech Republic | 561,720,000 | 2023 | +1.76% | +0.43% | View data |
