Forecast: Import of Aluminium Ores and Concentrates to India

The import of aluminium ores and concentrates to India in 2023 stood at 2.451 billion kilograms. Based on the forecasted data, the import volumes are expected to rise year-on-year by approximately 4.8% from 2024 to 2025, around 4.5% from 2025 to 2026, 4.2% from 2026 to 2027, and about 4% from 2027 to 2028. When looking at the compound annual growth rate (CAGR) from 2024 to 2028, we observe an average annual increase of about 4.4%.

Future trends to watch for include potential impacts of global aluminium market price fluctuations, India's industrial demand patterns, and possible changes in trade policies. Additionally, advancements in aluminium recycling technology and shifts toward more sustainable practices could influence the import volumes of aluminium ores and concentrates in the coming years.

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