The import of aluminium oxide to the US, which was 900 Million Kilograms in 2023, is forecasted to decrease annually from 2024 to 2028. The projected volume shows a consistent year-on-year decline, with an anticipated decrease from 851.79 Million Kilograms in 2024 to 640.07 Million Kilograms by 2028. This indicates a gradual contraction in import volumes, reflecting a negative compound annual growth rate (CAGR) over this period.
Future trends to monitor include:
- Potential impacts of US domestic production capacities on imports.
- Trade policy changes or tariffs influencing import volumes.
- Technological advancements in aluminium oxide utilization.
- Shifts in demand from key industries such as automotive and electronics.
