In 2023, the consumption of purchased aluminum old scrap extrusions in the US was at a benchmark of 142 thousand metric tons. The forecasted data indicates a decline, with values dropping from 138.08 in 2024 to 120.79 by 2028. This shows a consistent year-on-year decrease of approximately 3-4%, reflecting a downward trend in demand or potential shifts in market dynamics such as recycling efficiency, alternative materials, or economic conditions. The compound annual growth rate (CAGR) over this period suggests an average reduction per year of around 3.25%.

Future trends to watch for include:

Technological advancements in recycling processes that may alter scrap demand.
Policies impacting aluminum usage and recycling incentives that could shift the consumption trajectory.
Global economic conditions and trade policies affecting import/export dynamics of aluminum scrap.