Forecast: Import of Rare Gases to the US

The import forecast of rare gases to the US from 2024 to 2028 shows a consistent decreasing trend, from 1.416 million kilograms in 2024 to 1.3771 million kilograms in 2028. This represents a steady decline in import volume, with an average annual decrease of approximately 0.69% over this five-year period. Compared to 2023, the import levels expected in 2024 are slightly down, highlighting a gradual reduction in dependency or demand compared to recent historical levels.

Future trends to watch include:

  • The increasing emphasis on sustainable energy solutions may further reduce the demand for certain rare gases.
  • Technological advances in rare gas usage could either enhance efficiency, reducing volume needs, or stimulate new applications, increasing demand.
  • Geopolitical factors and trade policies might impact the availability and cost of imports, altering the forecasted trend.

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