Forecast: Import of Leaf-Springs and Leaves Therefor of Iron or Steel to the US

The import forecast for leaf-springs and leaves thereof made of iron or steel to the US from 2024 to 2028 shows a gradual increase, starting at 405.02 million kilograms in 2024 and reaching 436.11 million kilograms by 2028. This marks a consistent year-on-year growth of approximately 2% from 2024 onwards. For context, the import volume stood at around 397 million kilograms in 2023, indicating solid growth in subsequent years. The compound annual growth rate (CAGR) over the forecast period is around 2.8%, signaling steady demand for these products in the US market.

Future trends to watch include potential impacts from shifts in automotive manufacturing practices, innovations in suspension systems, and global trade policies affecting the supply chain. Environmental and economic factors, such as steel price fluctuations and import tariffs, could also influence future import volumes.