In 2023, the stocks of purchased aluminum old scrap aluminum cans at other consumers in the US were recorded at a specific baseline value for comparison.
Forecast from 2024 to 2028 shows a consistent annual decline in stock levels, starting from 1.23 thousand metric tons in 2024 to 0.945 thousand metric tons in 2028. Year-over-year, this represents a decrease of approximately 5.7% in 2025, 6.0% in 2026, 6.4% in 2027, and 7.4% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is an average decline of about 6.4% per year.
Future trends to watch for include advancements in aluminum recycling technologies, changes in consumer behavior regarding usage and disposal of aluminum cans, and potential policy shifts aimed at increasing recycling targets which could impact stock levels.
