As of 2024, imports of cooking appliances for liquid fuel made from iron or steel to the US are forecasted to begin growing steadily. From 2024 to 2028, a consistent year-on-year increase is evident, with an annual average growth rate, or CAGR, showing promising upward trends. As of 2023, these imports stood at 2.05 million kilograms, which reflects a modest yet consistent increment year over year from 2024 onwards.
Future trends to watch for include:
- Emerging technological advancements in cooking appliances that may influence demand.
- Shifts in consumer preferences towards more energy-efficient products.
- Changes in trade policies that could impact import volumes.