In 2023, the import of aluminium waste or scrap to the US was approximately 725 million kilograms. Forecasts indicate a steady increase in imports, reaching 796.55 million kilograms by 2028. This reflects an average year-on-year growth rate of around 1.85%. The 5-year compound annual growth rate (CAGR) is approximately 1.89%, suggesting consistent growth. The forecasted data shows a continued demand in the US market for aluminium waste and signifies stable growth in imports.
Future trends to watch include technological advancements in recycling processes, policy changes affecting trade and tariffs, and fluctuations in domestic production and demand. Sustainability initiatives and a focus on reducing carbon emissions may further influence the import landscape.