The import of boards of vegetable fiber with a mineral binder or cement to the US is projected to increase from 16.755 million USD in 2024 to 17.982 million USD in 2028. This reflects a steady growth trend, with an approximate year-on-year increase of around 1.9% to 2.0%. There was no specific data provided for 2023, but projections indicate a consistent upward trajectory. The compound annual growth rate (CAGR) over this forecast period (2024-2028) is expected to be approximately 1.8%.
Future trends to watch for include:
- Impact of environmental regulations on the material demand.
- The influence of construction industry dynamics on import levels.
- Potential technological advancements in production or substitute materials.
