The forecast for the import of woven products of iron or steel, excluding stainless steel, to the US shows a gradual decline from 2024 through 2028. In 2023, the volume was recorded at approximately 6.27 million kilograms, indicating a steady decrease annually both in terms of percentage and projected volumes. Year-on-year decreases range around 1.3% to 2.0% during this period. The compound annual growth rate (CAGR) over the 5-year period starting in 2024 is negative, highlighting a downward trend in imports for these products. This reflects a consistent reduction in import demand or potential shifts to domestic production.

Future trends to watch for in this sector include:

Advancements in technology and materials that may affect the production and usage of woven iron or steel products.
Trade policies and tariffs that could further influence the cost and flow of these imports.
Emerging markets and alternative materials that may offer substitutes or impact supply chains.