The import of nickel alloy bars, rods, and profiles to the US is expected to see a progressive increase from 2024 to 2028, starting at 9.1882 million kilograms in 2024 and reaching 10.377 million kilograms by 2028. Compared to the volume in 2023, this forecast suggests a steady growth in imports over the five-year period. The year-on-year growth rate reflects a consistent upward trend, highlighting a strong and growing demand for these materials. The compound annual growth rate (CAGR) over this period indicates robust average annual growth.

Future trends to watch for:

Potential regulatory changes affecting import policies or tariffs.
Technological advancements in domestic production that could affect import levels.
Fluctuations in global nickel prices impacting import volumes and pricing strategies.
Changes in demand from key industries such as aerospace, automotive, and energy.