The forecast for the import of carboxylic acids with aldehyde and ketone functions to China indicates a continual decrease from 2024 to 2028. Starting at 36.514 million USD in 2024, the value is anticipated to drop steadily to 32.762 million USD by 2028. Comparing year-on-year changes, the import values show a consistent decline:
- 2024: N/A (starting year of forecast)
- 2025: Decrease by approximately 2.65%
- 2026: Down by 2.67%
- 2027: Reduced by 2.68%
- 2028: Further decrease of 2.70%
This projection suggests a compound annual growth rate (CAGR) of negative 2.68% over the five-year period, highlighting a downward trend in imports.
Future trends to watch include potential shifts in global trade policies, changes in domestic production capabilities, and evolving industry demand for carboxylic acids in China. These factors could influence the trajectory of imports beyond the current forecasts.
