The import of table or kitchen articles of copper to the US is projected to decrease steadily from 2024 to 2028. In 2023, the import volume stood at 3.35 million kilograms, indicating a declining trend.
- From 2024 to 2025, there is an expected decline of 3.02%.
- From 2025 to 2026, the decline continues at a rate of 3.04%.
- The trend persists with a fall of 3.08% from 2026 to 2027.
- From 2027 to 2028, the reduction rate is 3.11%.
The Compound Annual Growth Rate (CAGR) for 2024 to 2028 is a negative 3.06%, suggesting a steady downward trajectory over the five-year period.
Future trends to watch include potential shifts in consumer preferences towards alternative materials or eco-friendly products, as well as changes in trade policies and copper market dynamics that may impact import levels.