The Hungarian Aluminium market has experienced significant fluctuations from 2013 to 2023, with notable growth until 2017 peaking at 557.15 million kilograms, followed by a decline in volume to 364.22 million kilograms in 2023. The market saw impressive growth rates of over 20% in 2016, but has since faced a downturn with a negative CAGR of 8.36% over the last five years. Year-on-year variations illustrate a persistent decrease, particularly noticeable between 2019 and 2023.
Future trends to watch for include the adoption of sustainable practices and technological advancements which might stabilize or foster growth in Hungary’s aluminium market, particularly with increasing demands for sustainable materials globally.
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,408,200,000 | 2023 | +0.83% | -0.58% | View data |
| 2 | 2 Italy | 3,489,000,000 | 2023 | +0.62% | -0.32% | View data |
| 3 | 3 France | 2,678,000,000 | 2023 | +3.22% | +3.73% | View data |
| 4 | 4 Poland | 1,733,000,000 | 2023 | +4.27% | +3.38% | View data |
| 5 | 5 United Kingdom | 1,187,100,000 | 2023 | +0.12% | -0.81% | View data |
| 7 | 7 Slovakia | 644,540,000 | 2023 | +3.57% | +1.73% | View data |
| 8 | 8 Czech Republic | 561,720,000 | 2023 | +1.76% | +0.43% | View data |
| 9 | 9 Hungary | 364,220,000 | 2023 | -12.8% | -8.36% | |
| 10 | 10 Portugal | 292,520,000 | 2023 | +2.41% | +1.58% | View data |
| 11 | 11 Croatia | 249,070,000 | 2023 | +8.41% | +10.93% | View data |
