The global import of aluminium waste or scrap has shown significant variations by country. In 2023, India emerged as the top importer with a value of $2.9262 billion, marking a 3.38% increase. China followed with $2.5376 billion, experiencing a modest 0.22% growth. Germany, South Korea, and the United States also reported considerable import values of $1.563 billion, $1.2942 billion, and $1.2261 billion, respectively, with similar growth patterns. Countries like Poland and Canada, however, saw declines in their imports.
Key trends over the past five years indicate substantial growth in countries like Russia (11.0%) and Albania (11.98%), while Japan, United Arab Emirates, and Kuwait faced notable decreases. Emerging markets such as Tanzania witnessed a staggering 107.12% increase.
Future trends to watch for include the potential for continued growth in developing nations and the impact of global economic policies on aluminium trade. The increasing focus on recycling and sustainability efforts could also drive import demand in the coming years.
Top countries in Import of Aluminium Waste or Scrap by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 India | 2,926,200,000 | 2023 | +4.44% | +3.38% | View data |
2 | 2 China | 2,537,600,000 | 2023 | -0.3% | +0.22% | View data |
3 | 3 Germany | 1,563,000,000 | 2023 | +2.99% | +2.18% | View data |
4 | 4 South Korea | 1,294,200,000 | 2023 | +2.14% | +2.12% | View data |
5 | 5 United States | 1,226,100,000 | 2023 | +2.5% | +2.04% | View data |
6 | 6 Italy | 939,430,000 | 2023 | +2.14% | +1.44% | View data |
7 | 7 Austria | 583,100,000 | 2023 | +2.1% | +1.65% | View data |
8 | 8 France | 507,400,000 | 2023 | +1.82% | +1.17% | View data |
9 | 9 Malaysia | 413,680,000 | 2023 | +5.08% | +2.75% | View data |
10 | 10 Belgium | 365,290,000 | 2023 | +1.9% | +1.48% | View data |