In 2023, China's import of aluminium structures and parts for construction stood at 10.2 million kilograms. The forecast for 2024-2028 shows a steady increase, with a predicted rise to 11.959 million kilograms by 2028. From 2024 to 2025, a year-on-year growth of 3.46% is expected, continuing with annual increases around 3.27% till 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 3.28%, reflecting a consistent upward trend in demand for aluminium imports.
Future trends to watch for:
- Potential impact of trade policies affecting import dynamics.
- Advancements in domestic aluminium production capabilities.
- Developments in construction demand influenced by China’s urbanization efforts.
- Shifts in global aluminium supply chains and pricing.