The European Aluminium Market for 2023 reveals Germany as the largest contributor, with a value share of 39.95 kilograms, followed by Italy and France with 16.58 and 12.72 kilograms, respectively. Over the past year, France and Poland showed positive growth at 3.73% and 3.38%, Czech Republic and Slovakia experienced modest increases, while significant reductions were seen in Hungary at -8.36% and the United Kingdom at -0.81%. Croatia exhibited impressive growth of 10.93%. Examining the five-year average annual growth rate, countries like France, Poland, and Croatia have shown enduring resilience.
Future trends to watch include the potential for increased aluminium demand in sustainable and lightweight automotive applications, influencing future consumption patterns. Additionally, economic recovery within the European Union and innovations in recycling could alter market dynamics, fostering higher aluminium usage.
Top countries in Aluminium Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.95 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 16.58 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 12.72 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 8.23 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 5.64 | 2023 | +0.12% | -0.81% | View data |
| 6 | 6 Austria | 4.42 | 2023 | +6.5% | +1.16% | View data |
| 7 | 7 Slovakia | 3.06 | 2023 | +3.57% | +1.73% | View data |
| 8 | 8 Czech Republic | 2.67 | 2023 | +1.76% | +0.43% | View data |
| 9 | 9 Hungary | 1.73 | 2023 | -12.8% | -8.36% | View data |
| 10 | 10 Portugal | 1.39 | 2023 | +2.41% | +1.58% | View data |
