Forecast: Import of Cored Wire of Base Metal for Electric Arc-Welding to the US

The import of cored wire of base metal for electric arc-welding to the US is projected to increase gradually from 2024 to 2028, starting at 25.944 million kilograms and reaching 28.163 million kilograms. The year-on-year growth rate shows a slight but consistent increase, indicating steady demand in the market. In 2023, the volume was slightly below the 2024 forecast, emphasizing a positive trend in imports.

Future trends to watch for include:

  • Technological advancements in welding processes, potentially increasing efficiency and product demand.
  • Trade policies that could impact import volumes and costs.
  • Economic conditions that affect the construction and manufacturing sectors, major consumers of welding materials.

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