In 2023, Austria's import of aluminium ores and concentrates stood at 14.5 million kilograms. The forecasted data from 2024 to 2028 suggest a consistent year-on-year increase, starting at 14.798 million kilograms in 2024 and reaching 16.12 million kilograms by 2028. This exhibits a steady rise in import volume, reflecting a Compound Annual Growth Rate (CAGR) of approximately 2.2% over five years.
Future trends to watch for:
- Market demand in the aluminium sector which may drive imports.
- Potential supply chain disruptions that could affect import volumes.
- Changes in trade policies and tariffs that might impact overseas suppliers.
- Technological advancements in aluminium production and recycling that could reduce the need for imported raw materials.