In 2024, the forecast for the re-import of Propylene Glycol into Canada is 638.95 kilograms. This volume is projected to decrease annually, reaching 337.69 kilograms by 2028. Comparatively, in 2023, the re-import stood at 730.60 kilograms. Year-on-year variations indicate a steady decline: approximately 12.13% from 2024 to 2025, 13.57% from 2025 to 2026, 15.33% from 2026 to 2027, and 17.78% from 2027 to 2028. The five-year CAGR showcases a consistent yearly decrease of 15.19%.
Future trends to watch for include:
- Monitoring global propylene glycol production changes that can impact import dynamics.
- Assessment of domestic production capabilities in Canada that might reduce dependency on imports.
- Evaluation of international trade agreements or regulations affecting commodity trade.
