In 2023, the import value of aluminium containers for compressed or liquefied gas to the US stood at an estimated 70 million US dollars. The forecast for 2024 shows a 3.99% increase to approximately 72.799 million dollars. This upward trend continues with projected year-on-year growth rates of about 4.08% for 2025, 3.83% for 2026, 3.63% for 2027, and 3.43% in 2028. The compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 is approximately 3.79%.
Future trends to consider include:
- Potential impact of sustainability regulations which could affect supply chain dynamics.
- Technological advancements that might improve production efficiency, possibly lowering costs.
- Market shifts due to emerging alternatives or substitutes for aluminium materials.
- Global economic conditions influencing import demand and trade policies affecting tariffs.