In 2023, Canada imported aromatic alcohols valued at US$609.07 thousand. Forecast data indicates a declining trend from 2024 to 2028, with decreasing values from US$591.64 thousand in 2024 to US$518.68 thousand in 2028. The year-on-year percentage change shows a gradual decline, indicating a consistent decrease in import value over the next five years. The compound annual growth rate (CAGR) over this period reflects a negative average annual change, highlighting a downturn in aromatic alcohol imports.

Future trends to watch for include:

Shifts in global aromatic alcohol production and supply chain dynamics.
Emergence of alternative or synthetic aromatic products that could influence demand.
Potential changes in trade agreements or tariffs affecting Canada’s import strategy.