In 2023, the import value of not paper photographic plate and film to the US was $178 million. The forecast from 2024 onwards shows a significant downward trend. The year-on-year variation remains negative, indicating a decline: from 2024 to 2025, a decrease of approximately 11.6%; from 2025 to 2026, 12.8%; from 2026 to 2027, 14.4%; and from 2027 to 2028, 16.5%. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) reflects an average annual decrease of approximately 14%.
Future trends to watch for include:
- Technological advancements that could replace traditional photographic materials.
- Environmental regulations affecting production and import of photographic materials.
- Industry shifts towards digital and electronic media reducing demand for physical photo materials.