The forecasted import of rifles for sporting, hunting, or target-shooting to the US shows a decreasing trend from 2024 to 2028, with values slightly dropping each year. This data indicates a steady decline, with year-on-year variations showing minimal percentage decreases. The compound annual growth rate (CAGR) over the five years leading up to 2028 reflects a consistent negative average annual growth. In 2023, actual imports stood at a higher level compared to forecasted figures starting from 2024.
Future trends to watch for include:
- Changes in US legislation affecting gun imports or sales, which might alter import needs.- Shifts in consumer preferences toward advanced or alternative shooting sports equipment.- Economic factors influencing discretionary spending on sporting goods.
