Key Market Indicators
Exports of aluminium from the UAE are forecasted to reach $8.8 billion by 2026, up from $7.3 billion in 2021. This growth is estimated at an average of 3.1% annually. Over the past nine years, UAE supply has increased 7.5% each year. Italy was the top exporter in 2021, followed by Germany, the US and Canada. Imports of aluminium to the UAE are predicted to reach $1.03 billion by 2026, down from $1.1 billion in 2021. This decline is estimated to be 1.2% on average each year. Over the past nine years, the UAE's demand for aluminium has increased by 1% annually. Singapore was the top importer in 2021, with Germany, Japan and France the next in line.