Based on the data provided, the year-on-year variations in percentage for forecasted net shipments are as follows:
- 2024 to 2025: 0.69%
- 2025 to 2026: 0.60%
- 2026 to 2027: 0.68%
- 2027 to 2028: 0.59%
The Compound Annual Growth Rate (CAGR) over the next five years (2024-2028) is approximately 0.64%.
Future Trends: The continued steady growth in aluminum shipments suggests increasing demand in key sectors such as automotive, aerospace, and construction. Keeping an eye on trade policies, advancements in recycling technology, and shifts toward lightweight materials in manufacturing will be critical in assessing future market dynamics.
