Key Market Indicators
Saudi Arabia is a major player in the global aluminium market. Export of the metal is expected to reach $3.2 billion by 2026, a 3.3% year-on-year growth since 1996. In 2021, Saudi Arabia was the 20th biggest exporter, with the United Kingdom overtaking it at $2.6 billion. Germany, the United States and Canada were the top three exporters. Meanwhile, import of aluminium into Saudi Arabia is forecast to drop to $1.2 billion by 2026, with an average annual decline of 1% since 1996. In 2021, the country was the 28th biggest importer, with Romania overtaking it at $1.3 billion. Germany, Japan and France were the top three importers.