The unwrought aluminium market in Germany stood at 7.2042 billion Euros in 2023. A broader look from 2013 to 2023 shows fluctuating values with a peak in 2018 (8.2499 billion Euros). Notable year-on-year variations include a significant rise in 2017 (+11.94%) followed by a substantial drop in 2019 (-14.33%). The years 2022 and 2023 witnessed declines of -11.81% and -0.58%, respectively. The CAGR over the last five years shows an average annual decline of -2.67%, revealing a generally downward trend.

Future trends to watch for:

Expect continued annual declines with the market forecasted to drop to 7 billion Euros by 2028.
A forecasted 5-year CAGR of -0.46% suggests a modest downward trend in market size.
Potential impacts of global economic conditions, technological advancements in recycling, and policy changes related to the aluminium industry.