The exports of unwrought aluminum and its alloys from China are projected to gradually decrease from 2024 to 2028. In 2023, the export value stood at approximately 1.05 billion US dollars. Year-on-year variations from 2024 to 2028 show a consistent decline, with increments like -1.94% for 2025, -1.27% for 2026, -1.61% for 2027, and -1.62% for 2028. The compounded annual growth rate (CAGR) from 2023 to 2028 is negative, indicating a small yet persistent decline in export value over this five-year period.
Future trends to watch for include:
- The impact of global aluminum demand fluctuations, which could influence export levels.
- Policy changes both globally and within China that may affect aluminum production and trade.
- Technological advancements in aluminum processing that could alter competitive advantages.