Forecast: Aluminum Production in China

Aluminum production in China exhibited substantial growth from 2013 to 2023, expanding from 26.5 to 40.95 million metric tons. The production saw notable fluctuations, with the highest year-on-year increase in 2015 at 10.95% and a slight dip in 2017. The average annual growth over the past five years (2018-2023) averaged at 2.72%.

The forecast from 2024 to 2028 predicts a more moderate growth rate, with a projected 5-year CAGR of 2.19%, leading to an expected production increase of 11.45% over this period.

Future trends to watch for:

  • Technological advancements in production efficiency and environmental sustainability
  • Global economic conditions affecting demand and supply chains
  • Chinese government policies on production capacity and environmental regulations

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