In 2023, the import value of metal mountings and fittings for buildings into the US was approximately 1.85 billion USD. The forecast for 2024 shows a value of 1.9016 billion USD, indicating a moderate growth trend over the forthcoming years, reaching an estimated 2.1071 billion USD by 2028. The year-on-year percentage variations from 2024 to 2028 suggest a steady yearly increase, reflecting positive sentiments in the construction and real estate sectors. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is anticipated to be stable, indicative of a consistent upward trend.
Future trends to watch for include potential fluctuations in the construction industry demand, changes in trade policies affecting metal imports, and innovations in building technologies that may influence the type and quantity of metal fittings required.