The forecast data for the import of equipment for scaffolding, shuttering, propping, or pitpropping of iron or steel to the US suggests a steady year-on-year increase from 301.91 million kilograms in 2024 to 341.0 million kilograms by 2028. In 2023, the import volume will need to be identified to confirm the baseline for this growth trend. The compound annual growth rate (CAGR) is expected to be moderate over the next five years.
Future trends to watch for include potential increases in construction activity, changes in trade policies, and fluctuations in global steel prices, which may influence import volumes. Sustainability and innovation in construction practices could also impact demand.
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