In 2023, imports of moulded or pressed articles of paper pulp to the US stood at $314.40 million. The forecast shows a steady annual increase in import value, with percentages rising by approximately 4.1% in 2024, 4.1% in 2025, 3.8% in 2026, 3.6% in 2027, and 3.4% in 2028. The compound annual growth rate (CAGR) for the period 2024-2028 is projected to be around 3.8%.
Future trends to watch for include:
- The impact of sustainable packaging practices growing in adoption, potentially increasing demand for environmentally friendly materials.
- Trade policies and tariffs that could influence import patterns and costs in the industry.
