The import of adipic acid to the US shows a downward trend from 2024 to 2028, with values decreasing from 32.313 million USD in 2024 to 28.022 million USD in 2028. This represents a continuous annual decline in import value. In 2023, the imports stood at 33 million USD. Year-on-year variations highlight a reduction in imports averaging around 3% per year. Consequently, the compound annual growth rate (CAGR) over the five-year period is negative, indicating a steady contraction in the market.
Future trends to watch for include potential shifts in domestic production, changes in global supply chain dynamics, and environmental regulations impacting the production and usage of adipic acid derivatives. Understanding these factors will be crucial for anticipating market adjustments.
