Over the past decade, the trend in unmanufactured asbestos imports in the US has been highly volatile. In 2013, imports were valued at 1.16 million USD and fluctuated significantly year-on-year. Notable peaks include a 133.66% increase in 2016, while significant drops include a 56.57% decline in 2017. The value of imports stood at 0.801 million USD in 2023.
The last two years have seen slight decreases, with a 4.64% decline in 2023 and a 4.44% decline in 2022. Analyzing the long-term trend, the 5-year CAGR from 2018 to 2023 is -6.65%, indicating a steady downward trend.
Future trends to watch for include continued declines in unmanufactured asbestos imports as indicated by the forecasted 5-year CAGR of -4.59%, suggesting a nearly 21% decrease by 2028. Factors such as increased regulations, health concerns, and the decline in the use of asbestos-containing materials are likely to influence this trend.
