From 2013 to 2023, Viet Nam's import of unwrought non-alloy aluminium saw significant fluctuations. The value increased from $156.32 million in 2013 to $597.92 million in 2023. Notably, the highest year-on-year growth occurred in 2014 (106.64%), followed by a steady rise with a slight dip in 2020 (-12.94%). By 2023, imports rose modestly by 4.02%, with a five-year CAGR of 4.6% from 2018 to 2023.
The forecasted data from 2024 onwards suggests a continued upward trend, expecting to reach $718.70 million by 2028 with an annual average growth rate of 2.89%. This indicates a steady expansion, though at a slower pace compared to earlier years.
Future trends to watch for include potential impacts of global aluminium market fluctuations, trade policies, and domestic demand shifts in Viet Nam which could significantly influence import values moving forward.
