Forecast: Import of Asphalt or Similar Material Articles Not in Rolls to the US

The import value of non-roll asphalt articles to the US is forecasted to increase steadily from $140.16 million in 2024 to $149.02 million in 2028. Compared to 2023, where actual figures stood at $138 million, this represents a consistent upward trend. Year-on-year, the projected import values from 2024 to 2028 show an averaged growth rate of approximately 1.69% annually, indicative of moderate demand and rising market trends in infrastructure-related projects.

Future trends to watch for include:

  • Possible shifts in international trade policies that might affect supply chain dynamics.
  • Technological advancements in material efficiency and sustainability contributing to price fluctuations.
  • Economic factors, such as the global recovery from recent economic slowdowns, potentially impacting construction demand and import levels.

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