In 2023, India led global imports of aluminium waste or scrap, followed by China and Germany. Most top importers saw positive growth, with Romania and India experiencing the highest increases. In contrast, Japan's significant decline reflects changing market dynamics. Short-term growth rates varied, but Eastern European and Asian countries like Albania and Tanzania saw notable growth, highlighting their increasing demand. Countries like Poland, Japan, and the UAE saw reduced import shares.
Future trends to watch include Asia's continued dominance, potentially driven by economic expansion and increased demand for recycled materials. Environmental policies and trade relations will also impact market dynamics.
Top countries in Import of Aluminium Waste or Scrap Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 18.4 | 2023 | +4.44% | +3.38% | View data |
| 2 | 2 China | 15.96 | 2023 | -0.3% | +0.22% | View data |
| 3 | 3 Germany | 9.83 | 2023 | +2.99% | +2.18% | View data |
| 4 | 4 South Korea | 8.14 | 2023 | +2.14% | +2.12% | View data |
| 5 | 5 United States | 7.71 | 2023 | +2.5% | +2.04% | View data |
| 6 | 6 Italy | 5.91 | 2023 | +2.14% | +1.44% | View data |
| 7 | 7 Austria | 3.67 | 2023 | +2.1% | +1.65% | View data |
| 8 | 8 France | 3.19 | 2023 | +1.82% | +1.17% | View data |
| 9 | 9 Malaysia | 2.6 | 2023 | +5.08% | +2.75% | View data |
| 10 | 10 Belgium | 2.3 | 2023 | +1.9% | +1.48% | View data |