In 2023, Germany held the largest share of European sold production of aluminium plates, sheets, and strips, despite a slight decline of 1.11%. Hungary stood as the second largest, showing a modest growth of 2.14%. Notably, Italy experienced a significant increase of 15.62%, indicating robust growth. Greece saw a 7.08% rise, while Serbia faced a notable decline of 8.8%. Finland demonstrated strong growth with a 22.63% increase, albeit from a lower base, and Lithuania maintained a consistent level with no change. The overall 5-year CAGR reflects varied country-specific dynamics, with some nations accelerating rapidly.
Future trends to watch include technological advancements in aluminium production efficiency and shifts in regional demand driven by manufacturing sectors. Additionally, sustainability initiatives and the transition to low-carbon industries are likely to influence market dynamics, affecting production and consumption patterns in Europe.
Top countries in Sold Production of Aluminium Plates, Sheets and Strips Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 83.52 | 2023 | +2.68% | -1.11% | View data |
| 2 | 2 Hungary | 14.76 | 2023 | +4.52% | +2.14% | View data |
| 3 | 3 Italy | 5.01 | 2023 | -3.92% | +15.62% | View data |
| 4 | 4 Greece | 2.84 | 2023 | +8.09% | +7.08% | View data |
| 5 | 5 Serbia | 1.97 | 2023 | +1.65% | -8.8% | View data |
| 6 | 6 Finland | 0.36 | 2023 | +12.1% | +22.63% | View data |
| 7 | 7 Lithuania | 0.002 | 2023 | +7.23% | View data |
