The import of tubes and pipes of aluminium alloys to the US in 2023 stood at 177 million USD. Forecasts from 2024 to 2028 show a steady annual increase. The year-on-year growth rates for 2024 to 2028 are 1.7%, 1.64%, 1.58%, and 1.53%, respectively. The Compound Annual Growth Rate (CAGR) over this period is approximately 1.6%.
Future trends to watch for:
- Potential impacts of trade policies and tariffs on import volumes and value.
- Technological advancements in industries using aluminium alloy pipes, which may influence demand.
- Environmental regulations affecting aluminium production and international trade.
