The import of washers of iron or steel, except spring and lock, to the U.S. is forecasted to increase steadily between 2024 and 2028 from 107.57 to 117.95 million kilograms, indicating a consistent upward trend. The year-on-year growth rates from 2024 to 2028 are approximately 2.48%, 2.39%, 2.27%, and 2.18%, respectively. The compound annual growth rate (CAGR) over this five-year forecast period is about 2.32%, reflecting a moderate yet stable increase in import volume compared to 2023 figures, where the volume remained slightly lower than in 2024.

Future trends to watch for include:

Potential changes in trade policies that could impact import volumes and costs.
Fluctuations in global steel prices, which may affect the cost and volume of imports.
Technological advancements leading to more efficient washer production, possibly altering import needs.
Shifts in domestic demand driven by industrial and construction growth trends in the U.S.