Key Market Indicators
Salvadoran Aromatics Import is projected to decline significantly in the coming years. According to recent data, the import value is expected to drop from $7,500 in 2023 to approximately $4,800 by 2028. This represents a year-on-year decline of 7.2% in compound annual growth rate (CAGR). The trend is not new for El Salvador. Since 1999, the country's demand for aromatics has been decreasing at an average rate of 6.8% per year. The continued downward trajectory raises questions about the factors contributing to this sustained reduction in demand.