The UK market for Aluminium Alloy Plates, Sheets, and Strips of a thickness superior or equal to 0.2 mm was valued at 2.6316 billion Euros in 2023. Over the previous decade, the market has experienced fluctuations, with notable growth in certain years such as 2015 and 2021. The compound annual growth rate (CAGR) for the past five years is 2.51%, indicating moderate but consistent growth. Year-on-year changes highlighted large variability, especially the declining trend in 2020 and subsequent recovery in 2021.
Future trends to watch include the demand for lightweight materials in automotive and aerospace industries and sustainability efforts, which are likely to drive further innovation and expansion in the aluminium alloys market, impacting both supply chains and technological developments.
How does the United Kingdom rank in Aluminium Alloy Plates, Sheets and Strips, of a Thickness Superior or Equal to 0,2 Mm Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,631,600,000 | 2023 | +2.11% | +2.51% | |
| 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% | View data |
| 5 | 5 Denmark | 257,730,000 | 2023 | +4.19% | +3.54% | View data |
