Europe Aluminum Market Forecast (2016-2023)
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Year GERMANY SPAIN FRANCE UNITED KINGDOM ITALY RUSSIAN FEDERATION REST OF EUROPE BENELUX
2016 $ 1015.2 $ 6654.3 $ 2471.3 $ 3418.1 $ 1528.5 $ 1997.4 $ 1585.0 $ 720.3
2017 $ 1161.2 $ 7679.7 $ 2848.2 $ 3933.2 $ 1755.1 $ 2305.7 $ 1799.8 $ 825.8
2018 $ 1229.9 $ 8206.9 $ 3039.6 $ 4190.9 $ 1866.1 $ 2464.5 $ 1914.1 $ 876.5
2019 $ 1296.5 $ 8728.6 $ 3228.4 $ 4444.1 $ 1974.6 $ 2621.8 $ 2011.8 $ 925.5
2020 $ 1364.2 $ 9267.1 $ 3422.9 $ 4704.5 $ 2085.8 $ 2784.2 $ 2115.0 $ 975.3
2021 $ 1436.2 $ 9843.5 $ 3630.9 $ 4982.4 $ 2204.3 $ 2958.0 $ 2216.3 $ 1027.9
2022 $ 1513.1 $ 10463.1 $ 3854.1 $ 5280.4 $ 2331.2 $ 3144.9 $ 2325.8 $ 1083.7
2023 $ 1597.8 $ 11128.6 $ 4093.6 $ 5600.4 $ 2468.2 $ 3344.9 $ 2441.0 $ 1138.2
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Europe Aluminum Market Forecast (2016-2023)

Synopsis
The above chart is Global Aluminum market [2016-2023] by Europe

Market Dynamics

Spain accounted for the largest market share in 2017 in the europe aluminum market, and is expected to reach usd 11128.60 million in 2023 from usd 7679.70 million in 2017. however, russian federation is the fastest growing market, which is expected to grow at a cagr of 6.30% during the forecast period 2018 - 2023. extrusions segment accounted for the largest market share in 2017, this market is expected to reach usd 8822.60 million in 2023 from usd 6229.80 million in 2017. this market is projected to grow at a cagr of 5.86% during the forecast period from 2018 - 2023. however, flat rolled segment is the fastest growing market, which is expected to grow at a cagr of 6.50% during the forecast period 2018 - 2023. transportation segment accounted for the largest market share in 2017, this market is expected to reach usd 10258.10 million in 2023 from usd 6984.50 million in 2017. this market is projected to grow at a cagr of 6.51% during the forecast period from 2018 - 2023. secondary segment accounted for the larger market share in 2017, this market is expected to reach usd 18089.70 million in 2023 from usd 11739.30 million in 2017. this market is projected to grow at a cagr of 7.42% during the forecast period from 2018 - 2023.

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