The aluminium industry is a vital part of the UK manufacturing sector. The strategic importance of this lightweight and highly recyclable metal looks set to increase as the UK economy moves towards more sustainable and circular models of production and consumption.
This report considers the ‘wider aluminium industry’, which we define to be the production of aluminium e.g., rods, bars, and pipes but also aluminium products such as casks, drums, cans, boxes, prefabricated buildings, doors, windows, and wheels which do not fall under the narrow definition of aluminium production.
Economic indicators for the wider aluminium industry:
• The wider aluminium industry directly employs 37,000 people across the UK, with the largest
share of those employed being located in the West Midlands.
• The wider aluminium industry contributes around £2.97 billion in Gross Value Added (GVA)
to the UK economy.
Economic impact of the wider aluminium industry:
The wider aluminium industry is closely tied to many other parts of the UK economy. The production and manufacturing of aluminium goods requires purchasing from suppliers which supports output and employment across the UK.
Our economic model of the UK has been used to estimate the amount of economic activity supported directly and through spill-over impacts by the wider aluminium industry, we find the wider aluminium industry supports:
• The employment of 97,000 full-time equivalent (FTE) jobs in the across the UK
• The contribution of £6.8 billion in GVA
Read more: The Aluminium Industry in the UK Report 2021