The forecasted chromium metal consumption in the US shows a gradual increase from 4.78 thousand metric tons in 2024 to 4.83 thousand metric tons in 2028, reflecting a steady growth trend. In 2023, the consumption stood at 4.76 thousand metric tons, indicating a slight upward trajectory.
Year-on-year, the consumption grows by approximately 0.42% from 2024 to 2025 and remains relatively stable, with minor increments in subsequent years. The Compound Annual Growth Rate (CAGR) over five years also suggests a consistent but moderate increase in consumption.
Future trends to watch for include technological advancements in the metallurgical sector, which might affect chromium demand, and potential policy changes impacting metal imports and exports that could influence consumption patterns.
