From 2024 to 2028, the net receipts of purchased aluminum old scrap extrusions in the US are forecasted to decline annually. The value starts at 140.69 thousand metric tons in 2024 and decreases to 124.97 thousand metric tons by 2028. This represents a steady decline with a significant cumulative percentage decrease over these years.
Key variations over the years reveal a consistent downward trend. Between 2024 and 2025, there is a decline of approximately 2.84%, followed by successive reductions of around 2.88% and 2.94% in subsequent years. On a compounded annual growth rate (CAGR) basis, the period spanning 2024 to 2028 illustrates an average yearly reduction.
Future trends to watch for:
- Changes in the recycling infrastructure and technology may impact scrap collection and processing efficiency.
- Legislative and market shifts in sustainability and environmental policies could affect supply chain dynamics and demand for recycled aluminum.
- Global commodity price fluctuations could influence the scrap market's profitability and trade flows.