Year-on-Year Variations:
- 2024-2025: (7.8084 - 7.7874) / 7.7874 * 100 ≈ 0.27%
- 2025-2026: (7.829 - 7.8084) / 7.8084 * 100 ≈ 0.26%
- 2026-2027: (7.8492 - 7.829) / 7.829 * 100 ≈ 0.26%
- 2027-2028: (7.869 - 7.8492) / 7.8492 * 100 ≈ 0.25%
Compound Annual Growth Rate (CAGR):
CAGR = [(7.869 / 7.7874)^(1/5) - 1] * 100 ≈ 0.26%
Future Trends to Watch
Despite steady growth in the export value of aromatic alcohols from the US, the relatively small year-on-year variations suggest that the market is stable with consistent demand. Factors like global economic conditions, changes in international regulations, and advancements in aromatic alcohol production technologies will be pivotal to monitor for potential disruptions or opportunities.
