The import value of Propylene Glycol to the US is projected to decrease gradually from 2024 to 2028. In 2023, imports stood at approximately 19.78 million USD. From 2024 through 2028, a year-on-year decline is expected, with values decreasing steadily each year.
- 2024: A decrease of approximately 1.31% compared to 2023.
- 2025: A decrease of around 1.35% compared to 2024.
- 2026: A decrease of roughly 1.34% compared to 2025.
- 2027: A decrease of about 1.33% compared to 2026.
- 2028: A decrease of approximately 1.32% compared to 2027.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is forecasted to be -1.33%.
Future trends to watch for include potential shifts in global production dynamics, supply chain developments, and changes in US domestic production capabilities, all of which could impact import levels.
