Forecast: Import of Screws, Bolts, Nuts and Similar Articles of Iron or Steel to the US

The US import of screws, bolts, nuts, and similar articles of iron or steel is projected to grow steadily from 2024 to 2028, with an increase from $6.76 billion to $7.35 billion. Compared to the 2023 import value, this shows a continuous upward trend with year-on-year growth rates of around 2.23% in both 2025 and 2026, showing consistent demand. The compound annual growth rate (CAGR) over the five-year period is approximately 2.09%, indicating sustained demand over the long term.

Future trends to watch for include potential impacts from technological advancements in manufacturing, changes in US trade policies, and global market dynamics. Additionally, monitoring the price and availability of raw materials, as well as shifts in demand from construction and automotive sectors, could further influence import patterns.