In 2023, the import value of unwrought aluminium to South Africa stood at 114 million US dollars. Forecasts indicate a steady year-on-year increase: 1.62% in 2024, 2.41% in 2025, 2.32% in 2026, 2.22% in 2027, and 2.12% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 2.14%, demonstrating a moderate yet consistent upward trend in the import value.

Future trends to watch for:

Fluctuations in global aluminium prices due to market dynamics and geopolitical factors.
Changes in South African industrial demand, particularly from sectors such as automotive and construction.
Potential policy changes affecting import tariffs and trade agreements.