The forecast for the import of articles of plaster (other than plasterboard) to the US reveals a declining trend from 2024 to 2028, starting at $26.929 million and decreasing to $25.557 million by 2028. This declining trend suggests a negative compound annual growth rate over the forecast period. In 2023, the actual import value stood at approximately similar levels as 2024, indicating a consistent downward trajectory highlighting challenges in the import market for these goods.
Future trends to watch for include:
- The impact of trade policies and tariffs on import costs.
- Shifts in domestic demand for plaster products due to housing and construction trends.
- Technological advancements in alternative materials that may impact import needs.