In 2023, the import of fabricated asbestos fibres to the US stood at 620.88 thousand US dollars. Starting 2024, the forecast shows a consistent decrease, with values predicted at 496.75 thousand US dollars in 2024, declining to 28.67 thousand US dollars by 2028. This denotes significant declines year-on-year, with the import values expected to diminish by substantial percentages annually.

The Compound Annual Growth Rate (CAGR) over the five-year span from 2024 to 2028 suggests a sharp average annual contraction in imports. Observing this trend signals an anticipated phasing out of asbestos due to regulatory pressures and shifts towards safer material alternatives.

Future trends to watch for include:

Potential changes in regulations affecting asbestos imports and usage.
Technological advancements offering viable alternatives to asbestos.
Increased efforts towards health and safety contributing to the decline in demand.