Data Analysis:
- 2024: 1.6757 Million Metric Tons
- 2025: 1.6767 Million Metric Tons
- 2026: 1.6777 Million Metric Tons
- 2027: 1.6787 Million Metric Tons
- 2028: 1.6796 Million Metric Tons
Year-on-Year Variation (%):
- 2024-2025: 0.06%
- 2025-2026: 0.06%
- 2026-2027: 0.06%
- 2027-2028: 0.05%
Compound Annual Growth Rate (CAGR): 0.06%
Future Trends to Watch: The consumption of purchased aluminum scrap is showing very marginal growth over the forecast period, indicating a stable market with slight increases year-on-year. Factors to monitor include technological advancements in recycling processes and regulatory changes that could affect scrap consumption trends.
