The import of aluminium waste or scrap to India is projected to increase steadily from 2024 to 2028, with values expressed in billion US dollars. In 2023, the actual import value stood at approximately 2.93 billion USD. From 2024 to 2028, the forecasted value is expected to grow from 3.063 billion USD to 3.5766 billion USD. Year-on-year, this represents a steady growth trend, with an average CAGR of approximately 5% over the five-year period, indicating a consistent rise in imports.

Future trends to watch for:

Sustainability initiatives may impact trade policies, potentially influencing the import of aluminium scrap.
India's industrial growth, particularly in automotive and construction, will continue to drive demand.
Global market fluctuations and recycling advancements may affect import volumes and values.