The forecasted import values for worked slate and related articles to the US indicate a steady decline from $60.471 million in 2024 to $54.514 million in 2028. In 2023, the import value stood at approximately $62 million. The year-on-year variation shows a consistent decrease of around 2.5% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects an average annual decline in import value.
Future trends to watch:
- Potential shifts in domestic production that could influence import demand.
- Changes in market preferences and technological advancements in slate alternatives.
- Economic and policy factors affecting international trade and sourcing strategies.