Based on the data from 2024 to 2028, the forecasted output of fabricated metal products in the US shows a consistent year-on-year increase. The values in billion US dollars are as follows:
- 2024: 414.27
- 2025: 419.78
- 2026: 425.24
- 2027: 430.64
- 2028: 435.99
Year-on-Year Variation (%):
- 2025: +1.33%
- 2026: +1.30%
- 2027: +1.27%
- 2028: +1.24%
Compound Annual Growth Rate (CAGR):
Average variation per year over the last 5 years: +1.28%
Future Trends to Watch:
Future trends indicate a steady growth trajectory for the output of fabricated metal products. This positive outlook is driven by robust demand in sectors such as construction, automotive, and aerospace. However, factors such as technological advancements, trade policies, and fluctuations in raw material supply could impact future performance. Monitoring these dynamics will be crucial for stakeholders to capitalize on opportunities and mitigate risks.
