In 2023, the US imported approximately 438 million kilograms of motor vehicle mountings and fittings made of base metal. Forecasts suggest a steady growth trajectory from 2024 to 2028, with imports rising from 451.51 million kilograms in 2024 to 504.15 million kilograms in 2028. The expected year-on-year increase is around 2.8%, indicating a moderate but consistent growth pattern across the forecasted years.
Future trends to watch for:
- The impact of global supply chain dynamics and raw material costs on import volumes.
- The potential influence of new trade policies and tariffs.
- Technological advancements in automotive manufacturing affecting component demand.