In 2023, the consumption of brass ingots in the US was recorded at 33.4 thousand metric tons. The forecast data indicates a declining trend, with a projected decrease to 21.74 thousand metric tons by 2028. Year-on-year, the expected declines from 2024 to 2028 are approximately 7.7%, 8.2%, 8.7%, and 9.3% respectively, leading to a compounded annual growth rate (CAGR) of -8.2% across this period.
Key future trends to watch for include potential economic factors affecting the manufacturing sector, innovations in alternative materials, and recycling trends, which could further impact the demand for brass ingots in the US.
