The import of aluminium structures and parts for construction into Saudi Arabia experienced a substantial decline from 2013 to 2016, driven by factors such as economic downturns and fluctuating demand in the construction sector. After hitting a low in 2016, the market showed short-term recovery and sporadic stability around the 57 million US dollars mark from 2017 to 2020. The real import value stood at 52.4 million US dollars in 2023. Year-on-year variation over the last two years demonstrated a decline of –2.47% in 2022 and –2.48% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was at –1.99%. The forecast for 2028 indicates a continued downward trend, with a forecasted 5-year CAGR of –2.26% leading to an overall 10.79% decline in import value.
Future trends to watch for include potential shifts in government policies towards domestic production, the impact of global aluminium prices on import costs, and the growth of alternative materials in construction. Monitoring construction sector demands and sustainability initiatives are also crucial for anticipating future import trends.
