The forecast for imports of corrugated sheets of asbestos, cellulose fiber cement to the US shows a gradual decline from 2024 to 2028, starting at $374.68 thousand and decreasing to $358.38 thousand. In 2023, the actual import value stood at a higher level, reflecting a consistent downward trend projected for the next five years. Year-on-year, a marginal decline of approximately 1 to 2% is anticipated, indicating a slow but steady contraction in imports. Over the five-year period, the compound annual growth rate (CAGR) is expected to reflect this shrinking trend.
Future trends to watch for include potential regulatory and environmental changes that could impact imports. Emerging alternatives to asbestos in construction could also influence demand and market dynamics in the coming years.
