In 2023, the aluminium turnover in France was 5.10 billion Euros. As we enter 2024, the forecast indicates a steady increase in aluminium turnover, beginning at 5.18 billion Euros. Projected growth figures for the subsequent years are as follows: 5.26 billion Euros in 2025, 5.35 billion Euros in 2026, 5.44 billion Euros in 2027, and 5.52 billion Euros in 2028.
Year-on-year growth percentage estimations reveal the following:
- 2024: +1.57%
- 2025: +1.54%
- 2026: +1.71%
- 2027: +1.68%
- 2028: +1.47%
Examining the period from 2023 to 2028, the compound annual growth rate (CAGR) averages at approximately 1.59%. This trend signals a mild but consistent rise in the aluminium turnover in France.
Future Trends to Watch for:
Looking ahead, factors such as advancements in aluminium recycling technologies, increased demand from automotive and aerospace sectors, and policy changes regarding sustainability in manufacturing could significantly influence future turnover. Monitoring these areas will be crucial for anticipation of market adjustments.