The unwrought aluminium market in Germany exhibited fluctuations between 2012 and 2022. After a decline in initial years, values notably increased from 2017 to 2018. The market experienced volatility, with significant drops in 2019, followed by a recovery in 2020 and growth into 2021. Recent years have seen moderate shifts, with minor reductions in 2022. The compound annual growth rate (CAGR) from 2017 to 2022 averaged at 0.58%, reflecting an overall stable but variable market.
Going forward, several trends are worth watching:
- Technological advancements in aluminium processing and recycling.
- Environmental policies influencing production and demand.
- Global market dynamics and supply chain disruptions affecting prices and availability.
How does Germany rank in Unwrought Aluminium Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,204,200,000 | 2023 | -0.58% | -2.67% | |
| 2 | 2 Spain | 3,211,200,000 | 2023 | +3.16% | +4.86% | View data |
| 3 | 3 Austria | 2,338,000,000 | 2023 | +3.32% | +1.4% | View data |
| 4 | 4 Czech Republic | 768,900,000 | 2023 | +2.58% | +1.24% | View data |
| 5 | 5 Hungary | 698,950,000 | 2023 | -0.98% | -2.33% | View data |
