In 2023, the import of automobiles with spark-ignition internal combustion reciprocating piston engines of a cylinder capacity 1000-1500 CC to the US stood at a baseline value. From 2024 onward, the forecast presents a consistent upward trend in imports. Year-on-year growth rates from 2024 to 2025 are predicted to be approximately 4.67%, from 2025 to 2026 around 4.37%, from 2026 to 2027 approximately 4.11%, and from 2027 to 2028 about 3.87%. The compound annual growth rate (CAGR) over these five years is estimated to be around 4.25%.
Future trends to watch for include technological advancements in automotive efficiency, shifts toward electric vehicles affecting traditional combustion engine imports, and potential changes in trade policies or tariffs that could influence market dynamics.
