The import of aluminium stranded wire, cable, and plait to the US is forecasted to grow steadily from 2024 to 2028, starting at 9.33 million kilograms in 2024 and reaching 9.89 million kilograms by 2028. In 2023, the import volume stood at approximately 9.19 million kilograms, implying a modest growth trajectory. Year-on-year variations indicate a consistent, incremental growth pattern, around 1.5% annually. Over the five-year forecasted period, the compound annual growth rate (CAGR) suggests a steady and gradual increase in imports.
Future trends to watch for include potential shifts in global supply chains, fluctuations in aluminium prices, and the US's focus on domestic production capabilities, which may impact import volumes. Additionally, increased demand for renewable energy and electric vehicles could further drive this market.
