In 2023, the United Kingdom led the European Aluminium Alloy Plates, Sheets, and Strips market with a value of 2.6316 billion euros, followed by Germany at 1.2319 billion euros. Poland, the Czech Republic, Denmark, and Ireland followed with values of 0.78, 0.37038, 0.25773, and 0.092582 billion euros, respectively. Year-on-year variations in 2023 showed notable growth in the Czech Republic and Denmark, with increases of 3.65% and 3.54%. The UK experienced a modest 2.51% increase, while Germany saw a slight decline of 1.46%. The CAGR over the last five years highlighted a mixed bag of market dynamics, driven by diverse factors across these countries.
Future market trends to watch include:
- A potential rebound in Germany as environmental regulations and technological advancements drive demand for sustainable materials.
- Continued growth in Eastern European countries like Poland and the Czech Republic, spurred by industrial expansion and infrastructure projects.
- Ongoing investment in lightweight and energy-efficient solutions, bolstering demand for aluminium products across the European market.
- Geopolitical factors and trade policies impacting cross-border commerce in metals.
Top countries in Aluminium Alloy Plates, Sheets and Strips, of a Thickness Superior or Equal to 0,2 Mm Market Size Value by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,631,600,000 | 2023 | +2.11% | +2.51% | View data |
| 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 |
| 6 | 6 Ireland | 92,582,000 | 2023 | -0.61% | +0.99% | View data |
