The forecast for India's import of pure aluminium rectangular plates, sheets, and strips shows a steady increase from 2024 through 2028, starting at 135.97 million kilograms in 2024 and reaching 163.22 million kilograms by 2028. This consistent upward trajectory corresponds to year-on-year growth rates of approximately 5% to 5.7%. In 2023, the imports stood at 129 million kilograms, marking a continued import growth trend.
Future trends to watch for include:
- Sustained industrial growth in sectors such as construction and manufacturing, boosting demand for aluminium products.
- Impact of global aluminium price fluctuations and trade policies on import volumes.
- Technological advancements and sustainability initiatives influencing material usage and import preferences.
