The forecasted import of cold-rolled alloy steel pipe or tubing to the US indicates a downward trend from 14.935 million kilograms in 2024 to 12.684 million kilograms in 2028. Compared to the 2023 actual imports, the forecasted data shows a consistent year-on-year decrease in volume, reflecting potential shifts in demand or domestic production capabilities. From 2024 to 2028, the compound annual growth rate (CAGR) suggests a steady decrease in imports at a rate of approximately 4% annually.
Future trends to watch for include:
- Potential changes in US trade policies influencing steel imports.
- Shifts in global supply chains or production innovations impacting demand.
- Emerging domestic industries that could alter the dependency on imports.
- Fluctuations in global steel prices affecting import volumes.
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