Based on the forecasted data from 2024 to 2028, the stocks of purchased aluminum in the US show consistent year-on-year increases:
- 2024: 141.41 Thousand Metric Tons
- 2025: 144.51 Thousand Metric Tons (2.19% YoY increase)
- 2026: 147.57 Thousand Metric Tons (2.12% YoY increase)
- 2027: 150.61 Thousand Metric Tons (2.06% YoY increase)
- 2028: 153.61 Thousand Metric Tons (1.99% YoY increase)
The Compound Annual Growth Rate (CAGR) over the last five years (2024-2028) is approximately 2.09%.
The consistent increase in aluminum stocks indicates a steady demand in various industries. Future trends to watch include technological advancements in aluminum processing, changes in trade policies, and environmental regulations impacting production and consumption.
