Forecast: Import of Unwrought Non-Alloy Aluminium to India

The forecast for the import of unwrought non-alloy aluminium to India indicates a consistent decline from 2024 to 2028. The data shows a decrease from 55.742 million kilograms in 2024 to 39.234 million kilograms in 2028. Comparing this to the actual value in 2023, there is a noticeable downward trend. The year-on-year variation reveals a percentage drop through each subsequent year, averaging an annual decrease (CAGR) over the next five years.

Future trends to watch for:

  • Potential changes in domestic production capabilities which may reduce import dependency.
  • Impact of government policies and trade agreements on aluminium imports.
  • Global market conditions affecting aluminium prices and demand.
  • Technological advancements in aluminium manufacturing and recycling within India.

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