In 2023, the value of South Africa's imports of aluminium and articles thereof stood at 812.5 million USD. The forecasted import values show a steady increase in the coming years: 836.97 million USD in 2024, 863.95 million USD in 2025, 890.39 million USD in 2026, 916.3 million USD in 2027, and 941.69 million USD in 2028.
Year-on-year variations indicate a positive growth trend:- 2025: +3.23%- 2026: +3.06%- 2027: +2.91%- 2028: +2.77%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.90%.
Future trends to watch for include potential fluctuations in global aluminium prices, the impact of international trade policies, and shifts in domestic demand influenced by South Africa's economic conditions and industrial development.
