In 2023, steel granules, shot, and grit exports in the US stood at approximately 48.00 thousand metric tons. Between 2023 and 2028, the forecast data indicates a steady year-on-year growth, with an average increase of about 1.3% annually, resulting in a Compound Annual Growth Rate (CAGR) of approximately 1.5% over the five-year period. Export volumes are projected to rise from 48.52 in 2024 to 51.49 thousand metric tons by 2028.
Future trends to watch for include:
- Potential impacts of changes in global trade policies and tariffs on steel.
- Technological advancements affecting production efficiency and cost.
- Fluctuations in global demand for steel products, which may influence export levels.