In 2023, aluminium consumption in the US stood at 5.37 million metric tons. The forecast data indicates a consistent year-on-year decrease with values of 5.26 million metric tons in 2024, 5.15 in 2025, 5.04 in 2026, 4.93 in 2027, and 4.82 in 2028. This reflects a diminishing trend in aluminium consumption over the forecast period.
Year-on-year variations show:
- -2.0% drop from 2023 to 2024
- -2.1% decrease from 2024 to 2025
- -2.1% fall from 2025 to 2026
- -2.2% reduction from 2026 to 2027
- -2.2% decline from 2027 to 2028
Future trends to watch for include potential impacts from increased recycling initiatives, advancements in materials technology, and shifts in regulatory policies that might influence aluminium demand. Monitoring economic indicators and industry-specific drivers will also be crucial for understanding further shifts in consumption trends.
