As of 2024, the forecasted alumina stocks in the US show a significant declining trend over the next five years. The anticipated values for alumina stocks move from 154.0 Thousand Metric Tons in 2024 to 68.0 Thousand Metric Tons in 2028. Comparatively, alumina stocks stood at 176.0 Thousand Metric Tons in 2023.
Year-on-year variations indicate a consistent decrease:
- 2024 to 2025: -14.3%
- 2025 to 2026: -16.7%
- 2026 to 2027: -20.0%
- 2027 to 2028: -22.7%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows an average yearly decline of approximately -17.5%.
Future trends to watch for include potential reductions in alumina production, increased efficiency in usage, and potential regulatory impacts on production and stockpiling. Monitoring international market dynamics and advancements in recycling technologies could also provide insights into future trends.
