The forecasted import of unwrought non-alloy aluminium to Singapore shows a significant downward trend from 2024 to 2028, starting at $59.362 million in 2024 and declining to $8.8615 million in 2028. The year-on-year variation illustrates decreases of approximately 21.88% from 2024 to 2025, 27.52% from 2025 to 2026, 37.18% from 2026 to 2027, and 58.01% from 2027 to 2028. This represents a compound annual growth rate (CAGR) of approximately -38.08% over the five-year period, indicating a substantial reduction in aluminium import values.

Future trends to watch for:

Changes in global aluminium prices, as price fluctuations could impact import volumes and values.
Industrial demand and usage in Singapore, especially within sectors heavily reliant on aluminium.
New trade policies and tariffs that may affect import costs and volumes.
Emerging alternatives or substitutes for aluminium in manufacturing and construction.
Economic growth forecasts and infrastructure projects within Singapore that may influence demand.