In 2023, Canada imported roughly 11.15 million kilograms of D-Glucitol (Sorbitol). Observing the forecasted data from 2024 to 2028, a downward trend is evident, with import volume decreasing steadily each year. From 2024 to 2028, the year-on-year variation indicates a consistent decrease: -3.16% in 2025, -3.19% in 2026, -3.23% in 2027, and -3.27% in 2028. The compound annual growth rate (CAGR) over this five-year span is approximately -3.21%, suggesting a continued decline in imports.
Future Trends to Watch:
- Global price fluctuations affecting import demand.
- Changes in domestic production capacity or substitutes influencing dependency on imports.
- Policy changes in trade regulations that could impact import volumes.