The Alumina Refining and Primary Aluminum Production sector in the US has experienced a steady decline from 2013 to 2023. The value stood at 3.7178 billion USD in 2023. This decline indicates an average compound annual growth rate (CAGR) of -3.35% over the last five years. The year-on-year declines have consistently remained around 3-4% since 2015. Forecasted data suggest a continuous downturn with an anticipated CAGR of -3.27% from 2024 to 2028, resulting in a total decline of approximately 15.3% over these five years.

Future trends to watch for:

Advancements in sustainable and green production methods may impact market dynamics.
Shifts in global supply chains and trade policies could influence production and sales.
Technological developments in recycling and alternative materials may alter demand.