The forecast for the re-import of halogenated cyclanic, cyclenic, and cycloterpen hydrocarbon to China shows a steady decline from 3.3 thousand kilograms in 2024 to 2.73 thousand kilograms in 2028. This represents a year-on-year decrease of 4.55% from 2024 to 2025, 4.44% from 2025 to 2026, 4.65% from 2026 to 2027, and 4.88% from 2027 to 2028. In 2023, the volume stood at a higher level, indicating a consistent downward trend. Over the five-year period, the compound annual growth rate (CAGR) is negative, illustrating a decrease in import volumes.
Future trends to watch for include:
- Potential changes in China's industrial demand for these hydrocarbons.
- The impact of environmental regulations on the import and use of these chemicals.
- The emergence of alternative, more sustainable chemical solutions.
- Global market dynamics, including supply chain disruptions.