The forecast for US garnet exports from 2024 to 2028 demonstrates a steady and gradual increase in volume, starting at 15.6 thousand metric tons in 2024 and reaching 16.2 thousand metric tons by 2028. This represents a year-on-year growth ranging from approximately 1% to 1.31% yearly. Compared to 2023, which is not provided but may serve as the base reference, this marks a consistent upward trajectory with a compound annual growth rate (CAGR) over the five-year forecasted period indicative of stable expansion within the sector.
Future trends to watch include potential technological advancements in garnet processing and the influence of environmental regulations on mining practices. Additionally, shifts in global demand, particularly from key industrial sectors such as manufacturing and waterjet cutting, could further impact export volumes.
