From 2012 to 2022, the Unwrought Non-Alloy Aluminium market in Italy showed cyclical growth patterns, with notable fluctuations year-on-year. The market volume peaked in 2018 at 633.1 million kilograms before experiencing a few years of moderate decline. Despite minor year-on-year decreases from 2019 to 2021, 2022 saw a slight recovery with a 2.17% increase. Over the last five years leading up to 2022, the market's Compound Annual Growth Rate (CAGR) maintained a minimal positive growth of 0.65%.
Future trends to watch for in 2024 include potential impacts from global supply chain adjustments, technological advancements in aluminium production, and environmental regulations which could influence both supply and demand dynamics. Additionally, economic factors such as global trade policies, and shifts in industrial demand may also play a crucial role in shaping the market trajectory.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 668,770,000 | 2023 | +2.75% | +1.1% | |
| 2 | 2 Germany | 550,520,000 | 2023 | -6.44% | -6.65% | View data |
| 3 | 3 Poland | 192,680,000 | 2023 | +3.22% | +1.97% | View data |
| 4 | 4 Hungary | 180,060,000 | 2023 | +3.18% | -0.22% | View data |
| 5 | 5 United Kingdom | 161,050,000 | 2023 | -0.2% | -1.63% | View data |
