Saudi Arabia's import of unwrought aluminum stood at 250 million USD in 2023. The forecasted values show a year-on-year percentage increase of approximately 4.6% each year from 2024 to 2028. The imports are expected to be 265.92 million USD in 2024, rising steadily to 313.24 million USD in 2028. This represents a compound annual growth rate (CAGR) of about 4.7% over the five-year period.
Future trends to watch for:
• Growth in domestic aluminum production may impact import levels.
• Fluctuations in global aluminum prices could influence import costs.
• Increasing demand from construction and automotive sectors may drive higher imports.
