Aluminium Scrap Import Data: Top Importing Countries & Global Trade Insights (2023–24)
Aluminium scrap plays a pivotal role in the global recycling industry, driving sustainability, reducing environmental impact, and fueling production in key sectors such as construction, automotive, and manufacturing. With countries striving to meet sustainable development goals, the import and export of aluminium scrap has become a vital component of the global trade ecosystem.
In this blog, we will dive deep into aluminium scrap import data, highlight the top aluminium scrap importing countries, explore regional trade trends from Ecuador, Peru, and Uruguay, and reveal the latest HSN codes for aluminium scrap.
Why Aluminium Scrap is Crucial for Industries and the Environment
Aluminium is one of the most recyclable and in-demand metals across various industries. Due to its widespread use, especially in packaging, transportation, and infrastructure, the demand for aluminium scrap has been rising globally.
Recycling aluminium saves up to 95% of the energy required to produce primary aluminium, making it a sustainable and cost-effective alternative. According to MRAI (Material Recycling Association of India), recycling aluminium generates just 0.3 MT of CO₂ per tonne, compared to 14 tonnes released through conventional smelting.
Is Aluminium Suitable for Scrap?
Absolutely! Aluminium is among the most valuable metals in the recycling industry due to:
- Its infinite recyclability without quality degradation
- High market demand
- Widespread industrial applications
With depleting bauxite reserves and increasing consumption, aluminium recycling has become imperative for economic and environmental sustainability.
Aluminium Scrap Import Data: 2023–24 Overview
📊 India’s Aluminium Scrap Imports (April 2024)
- April 2024 Imports: 135,816 metric tonnes
- March 2024 Imports: 128,861 metric tonnes
- April 2023 Imports: 141,894 metric tonnes
India has witnessed a 5% rise in imports compared to March 2024, continuing its upward trend. However, year-on-year, there was a 4% decrease from April 2023.
📦 India’s 2023 Import Insights
- Total Shipments: 506,864
- Number of Indian Importers: 3,453
- Number of Global Suppliers: 14,928
India emerged as the world’s top importer of aluminium scrap, surpassing China and the United States.
Top 10 Aluminium Scrap Importing Countries (2023–24)
Based on global aluminium scrap importer data, the leading countries are:
| Rank | Country | Remarks |
|---|---|---|
| 1 | India | World’s largest importer, 506K+ shipments |
| 2 | China | Imported 1.03B kg, worth $2,030B |
| 3 | United States | Major importer and consumer of aluminium scrap |
| 4 | Japan | Strong aluminium-based industrial demand |
| 5 | South Korea | Heavy usage in electronics and automotive sectors |
| 6 | Taiwan | Established aluminium processing industry |
| 7 | Germany | Strong European aluminium recycling ecosystem |
| 8 | Italy | Key European aluminium scrap importer |
| 9 | France | Increasing focus on sustainability and recycling |
| 10 | United Kingdom | Active aluminium scrap importer |
Regional Focus: Latin American Aluminium Scrap Trade
Ecuador Import Data: Aluminium Scrap Imports
As per Ecuador import data, the country is gradually increasing its aluminium scrap imports to support local industries. Import data from Ecuador reveals steady demand from the construction and packaging sectors.
Peru Export Data: Role in Aluminium Scrap Supply Chain
Peru export data indicates that Peru is becoming a reliable exporter of aluminium scrap, particularly to Asian and European markets. Its growing recycling sector positions it as a future hub for scrap exports.
Uruguay Export Data: Export Trends
Uruguay export data shows that the country is building its presence in the aluminium scrap export market, catering primarily to Latin American partners and select Asian buyers.
Price Trends in Aluminium Scrap Imports
- Tense mix scrap (UAE): $1,941/tonne CFR Mundra (6% increase over previous month)
- Domestic price (Delhi): INR 186,086/tonne (5% MoM increase)
Despite high demand, import volumes were affected by Red Sea disruptions since December 2023, causing logistical delays.
Aluminium Scrap HSN Codes
Understanding the correct HSN codes for aluminium scrap is essential for smooth import/export operations.
| HSN Code | Description |
|---|---|
| 7602 | Aluminium waste and scrap |
| 760200 | Aluminium waste and scrap, including shredded |
| 76020090 | Other waste and scrap |
To get updated and accurate HSN codes tailored to your country and product category, visit Eximpedia.app.
India’s Top Aluminium Scrap Suppliers
India imports aluminium scrap from several leading countries, including:
- United States
- United Arab Emirates (UAE)
- Saudi Arabia
- Germany
- China
These suppliers account for the bulk of aluminium scrap exports into India, based on recent customs data.
MRAI’s Call to Eliminate Import Duty
Ahead of the Union Budget, MRAI has urged the Indian government to remove the 2.5% import duty on aluminium scrap. This move could:
- Lower costs for recyclers
- Enhance sustainability
- Encourage eco-friendly practices in industries
How to Find Aluminium Scrap Importer Data
Looking to start or scale your aluminium scrap trade?
Here’s what you can do:
- Access real-time aluminium scrap importer data
- Explore the top aluminium scrap importers list
- Get detailed information on product HS codes
- Use data intelligence platforms like Eximpedia.app
You can filter data by product type, country, shipment volume, supplier details, and more.
Conclusion
As global demand for aluminium continues to grow, the importance of aluminium scrap in trade and sustainability will only increase. With India leading the charge and countries like Ecuador, Peru, and Uruguay emerging as active participants in the trade ecosystem, understanding aluminium scrap import data is crucial for manufacturers, exporters, and importers.
To stay competitive, businesses must stay updated with accurate trade insights, HS codes, and market trends.
FAQs: Aluminium Scrap Trade
Q1. Which countries import the most aluminium scrap?
Top aluminium scrap importing countries include India, China, the USA, Japan, and South Korea.
Q2. What was India’s aluminium scrap import volume in April 2024?
135,816 metric tonnes, slightly up from March but down from April 2023.
Q3. What is the HS code for aluminium scrap?
HSN Code 7602 – Aluminium waste and scrap.
Q4. Where can I find aluminium scrap importer data for Ecuador and Peru?
Platforms like Eximpedia offer accurate and real-time data for countries including Ecuador, Peru, and Uruguay.