In 2023, Lithuania's Aluminium Bars, Rods, and Profiles market reached a volume of 21.013 million kilograms, reflecting a steady growth trajectory. The market has shown consistent growth over the past decade, with yearly variations indicating a strong upward trend, especially between 2014 and 2017. The past five years present a CAGR of 4.86%, inferring a moderated yet stable expansion. Year-on-year variations in 2022 and 2023 were 6.4% and 5.95%, respectively, highlighting continued growth albeit at a slightly decelerated pace.
Future trends to watch include increased demand driven by infrastructure and automotive sectors, innovation in lightweight construction materials, and potential impacts from environmental regulations promoting recycled aluminum usage.
How does Lithuania rank in Aluminium Bars, Rods and Profiles Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 699,580,000 | 2023 | -0.98% | -1.68% | View data |
| 2 | 2 Italy | 552,940,000 | 2023 | -0.35% | +1.23% | View data |
| 3 | 3 Poland | 339,130,000 | 2023 | +5.88% | +4.98% | View data |
| 4 | 4 France | 332,050,000 | 2023 | +0.6% | +0.13% | View data |
| 5 | 5 Netherlands | 300,210,000 | 2023 | +4.46% | +5.97% | View data |
| 9 | 9 Finland | 31,422,000 | 2023 | +1.53% | +0.96% | View data |
| 10 | 10 Denmark | 26,445,000 | 2023 | -0.47% | -0.84% | View data |
| 11 | 11 Lithuania | 21,013,000 | 2023 | +5.95% | +4.86% | |
| 12 | 12 Croatia | 17,894,000 | 2023 | +2.92% | +1.23% | View data |
| 13 | 13 Estonia | 6,864,700 | 2023 | +5.32% | +5.51% | View data |
