The import of aluminium alloy rectangular plates, sheets, and strips to China is projected to decline from 2024 to 2028, starting from 225.77 million kilograms in 2024 down to 218.21 million kilograms by 2028. This represents an average annual decline (CAGR) of approximately 0.8% over the five-year period. Year-on-year decline percentages show a steady downward trend, reflecting a slight but consistent decrease in import volumes.
Future trends to watch for include:
- Potential influence of domestic production on import needs.
- Shifts in China’s industrial policies focusing on local sourcing.
- Global market conditions affecting raw material availability and pricing.
- Technological advancements in aluminium processing and application areas.
