In 2023, the re-import of aluminium alloys wire of a thickness not exceeding 7 mm to China stood at 78.85 thousand kilograms. The forecasted data from 2024 to 2028 shows a steady increase with values reaching up to 81.15 thousand kilograms by 2028. Year-on-year growth rates are modest but stable, demonstrating a gradual rise in re-imports. Specifically, 2024–2025 sees a 0.59% increase, while the growth from 2027 to 2028 is about 0.56%. The compound annual growth rate (CAGR) over this five-year period is approximately 0.55%.
Future trends to watch include:
- Potential changes in China’s domestic production capabilities that might affect import demand.
- International trade policies impacting aluminium tariffs and trade flows.
- Technological advancements affecting production and consumption of aluminium alloys.
- Global economic conditions influencing commodity markets and import strategies.
