Forecast: Import of M-Xylene to the US

The forecasted data indicates a gradual decline in the import of M-Xylene to the US from 2024 to 2028. The import value decreases from 12.909 million USD in 2024 to 12.082 million USD in 2028. This reflects a consistent year-on-year decline, indicating a shrinking demand or an increase in local production capabilities.

As of 2023, the import value stood at 13 million USD, marking a gradual reduction in subsequent years. The compound annual growth rate (CAGR) over this five-year period shows an average downturn, suggesting sustained shifts in the market dynamics.

Future trends to watch for include:

  • Shifts in domestic production levels of M-Xylene.
  • Changes in regulatory environments affecting import practices.
  • Market demand from key industries relying on M-Xylene, such as plastics and chemical manufacturing.

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