In 2023, the import value of aluminium alloy plate, sheet, and strip to the US stood at approximately USD 141 million. Forecasted figures from 2024 to 2028 indicate a consistent annual growth, with year-on-year increases hovering around 2% each year. With a compound annual growth rate (CAGR) of about 2% for the five-year period, the trend suggests steady expansion in the US market’s reliance on aluminium imports.

Future trends to watch for include:

Potential changes in US trade policies which could affect import tariffs and demand.
Technological advancements in aluminium processing which may alter demand patterns.
Environmental policies impacting production methods and supply chain sustainability.
Global market dynamics, particularly shifts in major exporting countries and their capacities.