In 2023, the import of Unwrought Aluminium Alloys to Malaysia stood at 223.84 million USD. Based on the forecasted data, the import value is projected to decline gradually over the next five years, reaching 212.95 million USD by 2028. The year-on-year variations are as follows:

2024: -1.01%
2025: -1.00%
2026: -1.00%
2027: -0.99%
2028: -0.97%

The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -0.99%, indicating a consistent but moderate decline over the forecast period.

Future Trends to Watch For:

Potential impacts of trade policies and tariffs on the cost and volume of imports.
Technological advancements in recycling and local production that may reduce the dependency on imports.
Global market trends in aluminium demand and pricing, influenced by factors such as economic growth and industrial output.