Forecast: Import of Unwrought Aluminium Alloys to China

In 2023, China's import of unwrought aluminium alloys stood at a significant volume. Analyzing the forecasted data from 2024 to 2028, there is a clear year-on-year decline in import volumes: a sharp decrease from 33.172 million kg in 2024 to 10.142 million kg by 2028. This represents a substantial decrease over these years, indicating a consistent downtrend. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is negative, reflecting the market's contraction. Key trends to monitor include technological advancements, domestic production capabilities, and shifts in international trade policies affecting China's import needs.

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