The import of aluminum structures and parts for construction to South Africa, expressed in million kilograms, exhibits a fluctuating yet generally ascending trend from 2013 to 2023. The volume in 2023 stood at 5.5302 million kilograms. The data reveals a noticeable rise in imports until 2015, followed by a decline and recovery pattern with significant variations year-on-year in certain periods. The last two years showed a consistent rise, with a year-on-year increase of 3.05% in 2023. Over the last five years, the CAGR was 4.36%.
Future trends to watch for include a moderated but steady increase in imports, with forecast data predicting continued growth, culminating in a 5-year CAGR of 2.26% until 2028. Economic factors, construction industry demands, and international trade policies will be pivotal in influencing this trend.
