After a challenging first half of 2024, members of Aluminium Deutschland's Tubes, Cans, and Impact Extruded Parts Division observed a significant turnaround in the German market for aluminium tubes and aerosol cans during the second half of the year, with deliveries to Germany showing signs of recovery.
Navigating the challenges
After a 10.3 per cent decline in the first half of 2024 compared to the same period in 2023, the aerosol cans market rebounded in the second half, growing by 7 per cent year-over-year, with 285 million cans delivered to Germany. While demand showed signs of recovery following the sharp drop earlier in the year, overall deliveries to the national market in 2024 totalled 562.5 million cans, marking a 2.3 per cent decline compared to the previous year.
While the aerosol can segment saw notable growth in the second half, the aluminium tubes sector experienced a slight 0.6 per cent decline in H2 2024 compared to the same period in 2023. This marks a significant improvement from the 6.4 per cent drop in the first half, indicating a slowing decline. Around 767 million tubes were delivered to the German market in 2024, reflecting a 3.7 per cent decrease compared to the previous year.
Outlook for 2025
Despite the declines, the industry showcased resilience, with the second-half recovery sparking optimism for the future. The drop in deliveries to Germany reflects a shift in production and filling capacities overseas, leading to reduced demand from local facilities. As the industry looks toward 2025, cautious optimism remains about future prospects.
Chairman Johannes Schick of the Tubes, Cans, and Impact Extruded Parts Division of Aluminium Deutschland said, "The stable production volumes reported by our member companies are a clear indication of the industry's adaptability. While domestic deliveries have faced challenges, growing demand from other regions has helped offset the decline in the German market."
The ongoing uncertainty surrounding global trade policies, especially in relation to U.S. President Donald Trump's policies, coupled with the current political instability in Germany, continues to add complexity to the market landscape. The industry stresses the importance of a stable and supportive regulatory environment to navigate these challenges effectively.
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