The data on US exports of Steel Tin Mill Products and Tinplate from 2013 to 2023 shows several key trends. The value stood at 8.61 thousand metric tons in 2023, after consistent growth since 2014. Between 2013 and 2014, there was a significant increase of 75%, followed by a stabilizing trend with yearly increases approximately between 1.35% and 1.75% from 2015 onwards. The Compound Annual Growth Rate (CAGR) over the last five years is 1.45%, indicating steady growth.
Future trends to watch for:
- The forecast for the next five years (2024-2028) shows a continued trend of modest growth, with the five-year CAGR expected to be 0.96%.
- Overall volume is projected to increase by 4.91% from 2023 to 2028.