In 2023, the United States imported Nickel Bars, Rods, and Profiles valued at approximately 1.981 million US dollars. The forecasted data from 2024 to 2028 indicates a gradual decline in the import value. By 2024, a slight decrease to 1.9596 million dollars is expected, followed by continuous reductions annually, reaching 1.8719 million dollars in 2028. The year-on-year change shows a consistent downward trend, with a significant cumulative effect over five years, averaging an annual decline (CAGR) of around 0.56%.

Future trends to watch for include:

Global market fluctuations in nickel prices impacting import costs.
Potential shifts in US manufacturing needs or technological advancements reducing reliance on nickel imports.
Changes in international trade policies that may affect import terms and volumes.