In 2023, the consumption of brass ingots in the US stood at approximately 39.5 thousand metric tons. The forecast from 2024 to 2028 indicates a consistent decline in consumption. From 2024 to 2025, the decrease is around 5.8%. For the following years, the decline seems steady with an average decrease of approximately 5.1% year-on-year. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is negative, highlighting a shrinking demand in this market segment.

Future trends to watch for:

Substitution towards more eco-friendly materials affecting demand.
Technological advancements impacting production efficiency and material usage.
Potential impact of governmental policies on industrial production and consumption patterns.