Forecast: Import of Pure Aluminium Rectangular Plate, Sheet, Strip to the US

The forecasted data suggests a declining trend in the import of pure aluminium rectangular plates, sheets, and strips to the US from 2024 to 2028, with values decreasing significantly each year. In 2023, the value stood at 71.812 million USD. The year-on-year decline from 2024 to 2025 is projected at 13.65%, and from 2025 to 2026 at 15.50%. The compound annual growth rate (CAGR) over the five-year forecast period (2024-2028) is anticipated to average around -13.84%, indicating a substantial decrease.

Future trends to watch for include:

  • Increased innovation and efficiency in aluminium recycling processes potentially impacting imports.
  • Shifting US trade policies and tariffs influencing import dynamics and pricing.
  • Emerging domestic production capabilities reducing dependency on imports.
  • Global economic conditions and market fluctuations affecting aluminium demand.

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