The import of aluminium structures and parts for construction to Saudi Arabia has seen significant fluctuations over the years. From 2013 to 2023, the volume of imports decreased from 27.453 million kilograms to 11.174 million kilograms. Year-on-year variations have ranged from significant declines, such as a 35.45% drop in 2015, to occasional increases, such as a 25.41% rise in 2017. The five-year compound annual growth rate (CAGR) varied, reaching a high of 38.66% in 2013 and falling to -4.67% by 2022. In 2023, the volume stood at 11.174 million kilograms with a slight annual decline of 0.91%.
Future trends to watch for:
- The forecast indicates a steady decline with a forecasted CAGR of -0.78% over the next five years.- Technological advancements in aluminium production and potential shifts in construction regulations may impact future demand.- Global economic conditions and Saudi Arabia’s internal construction projects will also play a crucial role in the trend of aluminium imports.