The Czech Republic's aluminium alloy plates, sheets, and strips market grew steadily from 2013 to 2023, reaching a value of 370.38 million Euros. From 2018 to 2023, the market showed a compound annual growth rate (CAGR) of 3.65%, with fluctuations like the significant drop in 2020 (-13.57%) and a strong recovery in 2021 (24.93%). The year-on-year growth in 2022 and 2023 was moderate, at 3.49% and 3.3% respectively, indicating stabilization after the rebound.
Future trends to watch for:
- Potential increase in demand fueled by technological advancements in aerospace and automotive industries.
- Influence of European Union regulations promoting sustainability and recycling, impacting production practices.
- Market volatility due to geopolitical factors affecting supply chains and raw material costs.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,631,600,000 | 2023 | +2.11% | +2.51% | View data |
| 2 | 2 Germany | 1,231,900,000 | 2023 | -5.28% | -1.46% | View data |
| 3 | 3 Poland | 780,000,000 | 2023 | +1.69% | +0.51% | View data |
| 4 | 4 Czech Republic | 370,380,000 | 2023 | +3.3% | +3.65% | |
| 5 | 5 Denmark | 257,730,000 | 2023 | +4.19% | +3.54% | View data |
| 6 | 6 Ireland | 92,582,000 | 2023 | -0.61% | +0.99% | View data |
