In 2023, the import volume of parts of printing machinery and ancillary equipment to the US stood at 130.5 million kilograms. The forecasted data indicates a gradual decline in import volume from 128.38 million kilograms in 2024 to 120.18 million kilograms by 2028. The year-on-year decline averages approximately 1.6%, indicating a steady decrease in imports. The compounded annual growth rate (CAGR) over the five-year period is projected to be a negative 1.7%, reflecting a consistent downward trend.
Future trends to watch for include:
- Technological advancements reducing the need for imported parts.
- Potential shifts in trade policies affecting import dynamics.
- Changes in domestic production capabilities and competitiveness.