The forecast for stocks of purchased aluminum old scrap in the US shows a consistent upward trend from 2024 to 2028, increasing from 44.48 to 48.6 thousand metric tons. In 2023, the value stood at 43.5 thousand metric tons. The year-on-year percentage variation indicates a steady growth pattern: 2.3% from 2024 to 2025, 2.3% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.1% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is about 2.2%.
Future trends to watch for:
- Potential impact of evolving recycling technologies that could increase efficiency and throughput.
- Regulatory changes influencing the sourcing and processing of aluminum scrap.
- Fluctuations in demand from key industries utilizing aluminum.
- Global market influences, including trade policies and competition.
