The forecasted import of aluminium bars, rods, and profiles to the UK from 2024 onwards shows a consistent decline. The value stood at approximately 12 million kilograms in 2023. By 2028, projections indicate a drop to 7.5115 million kilograms. The year-on-year decline from 2024 to 2025 is around 8.46%, while the average annual decrease over the five-year period from 2024 to 2028, expressed as CAGR, is approximately 9.08%. This trend indicates a decreasing reliance or demand for these imports.
Future trends to watch for include shifts in domestic production capabilities, potential changes in trade policies or tariffs that may impact import volumes, and technological advancements in aluminum alternatives that might further influence import demand. Additionally, the impact of global environmental policies on aluminium production and consumption merits attention.
