The forecast for the import of non-electrical articles of graphite or other carbon to the US suggests a gradual increase in volume from 2024 to 2028, with values moving from approximately 15.015 million kilograms in 2024 to 16.589 million kilograms by 2028. This represents a consistent growth pattern with annual volume growth rates (YoY) ranging marginally each year over the past two years. The five-year compound annual growth rate (CAGR) indicates a steady incline, reflecting a positive trajectory for the industry. In 2023, the import volume was slightly lower than 2024's projections.
Future trends to observe include potential technological advancements in carbon-based materials, impacting demand, and geopolitical factors that might influence trade policies and tariffs. Additionally, evolving environmental regulations and sustainability initiatives could shape production and consumption patterns in this sector.
