The import of diazo-, azo-, or azoxy-compounds to the US is forecasted to grow steadily from 12.863 million kilograms in 2024 to 13.665 million kilograms in 2028. This increment indicates a relatively consistent year-on-year growth rate. In 2023, the import value stood at approximately 12.7 million kilograms. The average annual growth rate (CAGR) over the next five years is expected to reflect modest but stable increases.
Future trends to watch for include:
- Potential shifts in supply chains due to geopolitical factors affecting trade.
- Advancements in alternatives to these compounds that may impact demand.
- Regulatory changes or environmental concerns influencing import volumes.
