The hand-held torches for soldering, brazing, or welding import volume in the US was at 1.95 million kilograms in 2023. The forecast indicates a gradual increase from 2024 through 2028, with an average annual growth rate over these five years (CAGR) of approximately 2.2%. Year-on-year, the import volume is anticipated to grow from 2024 to 2025 by 3%, from 2025 to 2026 by 2.8%, from 2026 to 2027 by 2.7%, and from 2027 to 2028 by 2.6%.
Future trends to watch for include:
- The impact of technological advancements and innovations in hand-held torch designs and their influence on import demands.
- Trends in US manufacturing and construction activities, which could drive increased demand for these tools.
- Potential shifts in trade policies or tariffs affecting import volumes.
- Environmental regulations and their influence on the types of torches being imported.