In 2023, China imported a significant volume of sulphuric acid and oleum. The 2024 to 2028 forecast data indicates a continuous year-on-year decline in imports, starting at 856.2 million kilograms in 2024 and decreasing to 737.69 million kilograms by 2028. This trend reflects an evident negative growth trajectory, with a compound annual growth rate (CAGR) exhibiting an average decline each year over the five-year period.
Future trends to watch for include:
- Domestic production fluctuations and capacity expansions that could further influence import needs.
- Potential regulatory changes aimed at reducing dependency on imports or environmental impacts.
- Shifts in industrial demand driven by alternative technologies or economic factors.