Forecast: Import of Angles, Shapes and Sections, Welded of Iron or Steel to the US

The import of angles, shapes, and sections, welded of iron or steel to the US is forecasted to decrease steadily from 2024 to 2028. The volume in 2024 is expected to be 4.3008 million kilograms, which shows a decreasing trend through 2028 where it is projected to drop to 2.44 million kilograms. Compared to previous years, this indicates a significant reduction in imports, reflecting a composite annual growth rate (CAGR) showing consistent decline. The most considerable drops are noted consecutively year-on-year, with an average significant decline annually.

Future trends to watch for include the impact of domestic production capabilities, international trade policies, and economic recovery factors, which may further influence both demand and competition in the import market of such materials.