The forecast for the import of non-electric heaters (with fan) of iron or steel to the US illustrates a steady increase from 2024 to 2028. In 2023, the import value stood at 121.80 million kilograms, marking a solid growth trajectory in subsequent years. In 2024, the import volume is anticipated to rise to 126.52 million kilograms. Reflecting a year-on-year increase of around 3.9% to 2025, it is projected to further ascend by approximately 3.7% annually thereafter, reaching 145.65 million kilograms in 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 4.1% over the five-year forecasted period.
Future trends to watch for include potential shifts in global trade policies, changes in consumer energy preferences towards more sustainable options, and technological advancements in heating solutions that could impact the demand. Additionally, monitoring geopolitical factors and their influence on raw material costs and supply chain logistics will be crucial in assessing future import volumes.
