In 2023, the import value of zinc plates, sheets, strips, and foil to the US was approximately $18 million. The forecast from 2024 to 2028 shows a gradual increase from $18.219 million in 2024 to $19.326 million in 2028. Year-on-year, the growth ranges from around 1.6% to 1.4%, indicating a stable and consistent demand for these zinc products. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 1.5%.
Future trends to watch for:
- Technological advancements in zinc products that may influence import demand.
- US domestic policies impacting tariffs and trade agreements, affecting import volumes.
- Shifts in industrial and manufacturing demand within the US as industries continue to evolve.
- Environmental regulatory changes in zinc production or usage.