The forecast for the import of halogenated cyclanic, cyclenic, and cycloterpen hydrocarbons to the US shows a steady upward trend from 2024 onwards. According to the data, the import value is expected to grow annually, starting from USD 52.586 million in 2024 to USD 60.963 million by 2028. In 2023, the value was recorded at USD 51 million, reflecting a positive upward trend in future imports.
Year-on-year growth rates indicate a gradual increase with an expected average annual growth (CAGR) of 3.45% over the next five years, highlighting a consistent rise in demand or pricing for these hydrocarbons.
Future trends to watch for:
- The impact of technological advancements and environmental policies on these chemicals.
- Potential trade policy changes under new political administrations.
- Shifts in global supply chains or production locations that may affect import dynamics.
