The forecasted import of 1-Chloro-2,3-Epoxypropane (Epichlorohydrin) into the US shows a steady increase from 60.283 million kilograms in 2024 to 69.7 million kilograms by 2028. Comparatively, the 2023 actual figures stood at 58 million kilograms, indicating a growth trajectory. The year-on-year percentage change signifies a moderate but consistent growth trend, increasing roughly at a rate of 3-4% annually over the last two years.
A scrutiny of the five-year CAGR reveals an average annual growth rate of around 3.5%. This ongoing upward trend suggests rising domestic demand or decreased domestic production necessitating higher imports.
The industry must watch for changes in regulatory policies affecting chemical imports, innovations in local production capabilities, and shifts in global epichlorohydrin supply or pricing, which could influence future import patterns.
