Forecast: Import of Welded Pipes and Tubing of Alloy Steel Except Stainless Steel to the US

In 2023, the US imported approximately 40.5 million kilograms of welded pipes and tubing of alloy steel except stainless steel. The forecast for imports shows a steady increase, with expected figures reaching 41.375 million kilograms in 2024, escalating by about 2.6% annually to 45.611 million kilograms by 2028.

Year-on-year growth is anticipated at a consistent rate, with a compound annual growth rate (CAGR) over the five-year forecast period close to 2.5%, indicating stable demand growth.

Future trends to watch for include:

• Emerging technologies in steel manufacturing that could affect production costs and import demand.
• US infrastructure developments increasing the demand for alloy steel products.
• Regulatory changes impacting import duties or trade policies influencing market dynamics.