The period from 2013 to 2023 shows a clear declining trend in the import of aluminium structures and parts for construction in the UAE, with 2023 standing at 10.794 million kilograms. Key year-on-year variations include a peak in 2014 followed by significant decreases, particularly in 2015 and 2020. Over the last two years, the import volume decreased by 6.45% in 2023. The five-year CAGR reflects a consistent annual decline of approximately 5.95%. Forecasts from 2024 to 2028 indicate a continued downward trend, with a forecasted five-year CAGR of -7.09%, suggesting a 30.76% overall reduction by 2028.
Future trends to watch for:
- Potential recovery or further decline driven by economic conditions and construction sector demand
- Impact of sustainable construction practices and alternative materials
- Changes in government policies and trade agreements affecting import regulations
- Technological advancements in aluminium production and utilisation
- Global aluminium price fluctuations and their effect on import volumes
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