The re-import of acyclic terpene alcohols to Canada is forecasted to decline from 2024, starting at 7.8 kilograms, and decreasing steadily each year, reaching 6.47 kilograms by 2028. In 2023, the volume was not provided, but the continuing downward trend suggests a significant decrease that has begun before 2024. Year-on-year variation shows a consistent decline, a pattern likely related to fluctuating global demand or changes in domestic production and regulatory factors. The five-year compound annual growth rate (CAGR) also reflects an average decrease over this period.
Future trends to watch include potential shifts in domestic production capabilities, alternative sources for these compounds, and potential regulatory changes affecting the importation landscape. Monitoring these factors could impact the need for re-imports and influence the national supply chain strategies.
