The import volume of hand-held drills with self-contained electric motors to the US is projected to decline gradually from 27.724 million kilograms in 2024 to 25.734 million kilograms by 2028. This continues the trend observed over recent years, where imports have been experiencing a steady decrease. In 2023, the import volume stood at a higher level than forecasted figures, indicating a persistent negative trajectory. Year-on-year changes denote modest declines, with a five-year CAGR reflecting an average annual decrease.

Future trends to watch include:

Technological advancements in power tools potentially reducing import volumes.
Changes in manufacturing costs and sourcing strategies that could impact US imports.
Shifts in consumer preferences and demand shaped by the growing DIY culture.
Trade policies and tariffs affecting the cost and flow of imports.