Forecast: Import of Thin Sheets (Voiles) of Glass Fibres to the US

The import of thin sheets (voiles) of glass fibres to the US is projected to grow steadily from 2024 to 2028, starting at 71.787 million US dollars in 2024 and reaching 80.487 million US dollars by 2028. In 2023, the value of imports was recorded at approximately 69.678 million US dollars, reflecting a consistent upward trend. Over the forecasted period, the year-on-year growth rate is anticipated to range between 3.12% and 2.69%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.86%, indicating a healthy import growth trajectory.

Future trends to watch for include:

  • Potential shifts in global supply chains that could affect import volumes and values.
  • The impact of technological advancements in glass fibre production on import needs.
  • Economic factors in the US that may influence import demand, such as construction and manufacturing sector growth.

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