The forecasted import of flat rolled iron or non-alloy steel painted, varnished, or coated with plastics of a width of 600 mm or more to the US shows a steady increase from 2024 to 2028. In 2023, the import volume was 447.06 million kilograms, setting a positive trend with a year-on-year growth rate of approximately 1.22% in 2024, increasing incrementally by about the same rate annually through 2028. The compound annual growth rate over this period is approximately 1.15%.
Future trends to observe include:
- Potential shifts in global demand and supply chains that might affect these growth rates.
- Technological advancements in coatings or material manufacturing that could impact market dynamics.
- Environmental regulations that could influence imports based on material characteristics and sustainability criteria.