The import value of sheet or film non-cellular and not reinforced of polyethylene terephthalate to the US is projected to increase continuously from 2024 through 2028, starting at 968.89 million USD in 2024 and reaching 1064.7 million USD by 2028. This indicates a steady annual increase, with a compound annual growth rate (CAGR) of approximately 2.4% over the forecasted period. Considering the upward trend from 2023 to 2024, which stood at an actual value slightly below the 2024 forecast, this trend suggests continued growth in demand or price adjustments in this market.
Future trends to watch for:
- Potential shifts in US industrial needs and their influence on polyethylene terephthalate imports.
- Technological advancements or alternatives that might impact material demand.
- Global economic conditions that could affect material cost or availability.