Forecasts indicate a steady increase in the US import of unwrought non-alloy aluminium from 2024 to 2028, escalating from 2.4782 billion kilograms to 2.6869 billion kilograms. In the prior year, 2023, actual imports fluidly held. Year-on-year variation suggests a slight yet consistent growth trend, reflecting about a 2% increase annually. Over the five-year forecast horizon, the compound annual growth rate maintains a steady upward trajectory, underscoring stable demand.
Future trends to watch involve geopolitical influences on trade relationships, technological advancements reducing aluminium demand, and the introduction of recycled material into production cycles, potentially impacting raw import volumes.
