The forecast for the import of crude glycerol, glycerol waters, and lye to the US from 2024 to 2028 shows a consistent decline, beginning with $4.6244 million in 2024 and decreasing to $1.9001 million by 2028. In 2023, the import value was slightly higher but similarly modest. Year-on-year projected declines indicate a consistent trend, with the overall Compound Annual Growth Rate (CAGR) over this five-year period expected to be negative. This suggests a shrinking market for these imports in the US.
Significant trends to monitor include shifts in domestic production of glycerol involving biofuel by-products, development in demand for glycerol in emerging markets, and changes in regulatory policies which may impact import dynamics or stimulate alternatives production.
