Based on the forecast data, the import values for aluminium plates, sheets, and strip to Saudi Arabia show a steady decline over the next five years:
- 2024: 276.04 million USD
- 2025: 262.8 million USD
- 2026: 249.82 million USD
- 2027: 237.1 million USD
- 2028: 224.63 million USD
Year-on-year variation percentages are as follows:
- 2025: -4.80%
- 2026: -4.93%
- 2027: -5.10%
- 2028: -5.26%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -5.03%. This indicates a consistent decline in the import of aluminium plates, sheets, and strip to Saudi Arabia.
Future trends to watch include potential shifts in domestic production capacity, global aluminium market dynamics, and changes in industry demand within Saudi Arabia that could influence import volumes.
