In 2023, the import value of hydrogen, rare gases, and non-metals to the US stood at approximately 665 million USD. According to the forecast, there is a gradual decline in import values from 2024 to 2028, as seen in the data series. The values drop from 659.98 million USD in 2024 to 649.11 million USD in 2028. The slight year-on-year negative variation highlights a gradual reduction in imports.
Future trends to watch for:
- The continuous pursuit of sustainability and reduced carbon emissions may impact import demands for hydrogen and related rare gases.
- Technological advancements and domestic production capabilities within the US could further influence import trends for these non-metals.
- Global market fluctuations and geopolitical factors might affect the sourcing strategies and pricing of these imports.