The aluminium market in France has shown a mixed trend over the years, with fluctuations in both volume and value. As of 2023, the market size stands at 2.678 billion kilograms in volume. Over the past two years, the year-on-year variations reflect a moderate growth in 2022 at 3.36% and 3.22% in 2023. Looking at the longer term, the compound annual growth rate (CAGR) from 2019 to 2023 is estimated at 3.73%, indicating a steady increase despite short-term fluctuations.
From 2024 onwards, forecasted values predict a continuing upward trend, with an average annual growth rate (5-year CAGR) of 2.23%, culminating in a total growth rate of 11.68% by 2028. This outlook suggests a resilient market with gradual yet consistent growth expected over the next five years.
Future trends to watch include potential impacts from regulatory changes on aluminium production and import/export policies, advancements in recycling technologies, and the increasing demand for lightweight materials in the automotive and aerospace industries. Monitoring these factors will be crucial for understanding the market trajectory and capitalizing on emerging opportunities.
