According to the forecast data, the import of aluminium chloride to Australia is expected to increase steadily from 2024 to 2028. In 2023, the volume of imports was recorded at 7.2 million kilograms. The forecasted values show a consistent year-on-year increase: 3.3% from 2024 to 2025, 3.1% from 2025 to 2026, 3.0% from 2026 to 2027, and 2.8% from 2027 to 2028. Analyzing these trends over the last two years and the last five years highlights a compound annual growth rate (CAGR) of approximately 3.0% per year.
Future trends to watch for include:
- Potential impacts of global trade policies and tariffs on raw material imports.
- The influence of fluctuations in domestic demand from industries utilizing aluminium chloride.
- Technological advancements that might lead to more efficient aluminium chloride usage or alternatives.
- Environmental regulations affecting the production and import of chemical commodities.