The forecast for the import of pure aluminium plate, sheet, and strip to the US suggests a declining trend from 2024 to 2028, with values decreasing from $38.999 million to $28.459 million. This trend indicates a consistent reduction in import values year-on-year, with a notable negative compound annual growth rate (CAGR) over the five-year period. This decline suggests a possible shift in demand, economic factors, or increased domestic production capabilities.
Future trends to watch for include:
- Potential changes in US manufacturing or construction demand impacting aluminium imports.
- Shifts in global aluminium pricing or trade policies affecting import costs and volume.
- Impact of technological advancements in alternative materials reducing aluminium demand.
