The import of bars, rods, and profiles of aluminium to China is forecasted to decline from 9.22 million USD in 2024 to 3.76 million USD in 2028. The average annual decline over these five years, calculated using the compound annual growth rate (CAGR), indicates a significant reduction. This steady drop represents a compound annual contraction of approximately 21.14%. This trend follows the declining demand for imported aluminium profiles observed in recent years.
Future trends to watch for:
- Potential domestic production increases that may replace imports.
- Trade policy changes affecting import duties and tariffs.
- Shifts in global aluminium supply chains or prices that could impact import economics.