Aluminium Market - Germany Ranks First in EU Aluminum Production and Trade Basic Precious Metals November 18, 2015
Author: Alexander Romanenko
Chief Executive Officer

aluminium market

From 2007 to 2014, EU production on the aluminium market showed mixed dynamics, falling from 7,124 thousand tonnes in 2007 to 5,637 thousand tonnes in 2014. Over the period under review, it dropped with a CAGR of 3.3%. In value terms, EU aluminium production reached 1,652 million EUR in 2014, growing 1.9% annually.

The countries with the largest production of aluminium in absolute volumes were Germany (1,024 thousand tonnes) and Denmark (6.7 thousand tonnes).

Positive dynamics in aluminium production among the main producing countries from 2007 to 2014 were recorded in Germany (+3.8% per year).

Germany dominated in EU aluminium production and trade. In 2014, Germany exported 28% of its total aluminium output. Of this amount, 13% was supplied to Hungary, where Germany's aluminium held a 60% share of total Hungary imports.

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Source: EU: Aluminium (Unwrought, Not Alloyed) - Market Report. Analysis And Forecast To 2020