The US unmanufactured asbestos exports saw significant volatility over the past decade. The exports peaked in 2016 before experiencing a substantial decline. By 2023, exports stood at 153 Metric Tons, reflecting a year-on-year decrease of 9.47%. Over the last two years, the exports' decline rate averaged -9.31%. The compound annual growth rate (CAGR) for the past five years was -8.22%. The forecasted data indicates a continuous downward trend with a forecasted 5-year CAGR of -13.08%, projecting the exports for 2028 to fall to 66.89 Metric Tons. This represents an overall forecasted decline of 50.38% over this period.
Future trends to watch for include increased regulatory pressures and health concerns, which may further decelerate asbestos use and exports. Additionally, the development of safer alternative materials could impact the demand for unmanufactured asbestos in international markets.
