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Aluminum is a chemical element with the symbol Al and atomic number 13. Aluminum has a density that is roughly one third that of steel, which is lower than that of most common metals. It has a strong affinity for oxygen, and when exposed to air, generates an oxide layer that protects the surface. Due to its colour and exceptional capacity for reflecting light, aluminium has an aesthetic resemblance to silver.
It is malleable, non-magnetic, and ductile. Aluminum is the twelfth most prevalent element in the universe based on the frequency of its only stable isotope, 27Al.
Chemically speaking, aluminium belongs to the boron group as a post-transition metal, and like other members of the group, it primarily forms compounds in the +3 oxidation state. Small and strongly charged, the aluminium cation Al3+ is polarising and tends toward covalency in the bonds it forms. Due to its strong affinity for oxygen, aluminium frequently coexists with oxygen in nature in the form of oxides.
As a result, aluminium is more frequently found in rocks in the crust of the Earth than in the mantle and is almost never found as a free metal. It is the third most abundant element on Earth after oxygen and silicon.
The Ethiopia Aluminum market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Ethiopia has also noticed a trend in the consumption of aluminium on a worldwide scale. The nation is categorised as an importer. This is consistent with the burgeoning building industry, which foresees future demand to increase even more. The sector has a significant chance of generating jobs thanks to local investors.
However, FDI investment has a negligible impact on local job possibilities and has little investment value. There are several businesses nowadays that fabricate aluminium for structures that they then assemble and install. Very few businesses have attempted to extrude aluminium profiles locally but have failed, particularly in terms of pricing, to compete with imports. Their poor performance and inability to compete has also been impacted by other problems including power outages, labour skills, etc.
Fabricators have challenges that affect their ability to conduct business, such as poor product/profile quality, limited market access, and high employee turnover. There is no industrial policy that is unique to the fabrication and production of aluminium profiles. However, Ethiopia’s overall industrial policy supports the development of these industries as well.It is anticipated that the industry will be capable of exporting value-added goods to surrounding nations with enough technology use and human resource development.
