The forecast for the re-import of adipic acid to Canada indicates a steady decline from 2024 to 2028. Starting at 33.48 thousand USD in 2024 and decreasing to 23.84 thousand USD by 2028, the overall trend presents a persistent downward movement.
Year-on-year changes underline a consistent decrease: a reduction of approximately 7.4% from 2024 to 2025, 7.87% from 2025 to 2026, 8.33% from 2026 to 2027, and 8.93% from 2027 to 2028. This pattern suggests an average annual decline—or CAGR—of 7.91% over the five-year period.
Future trends to watch include potential impacts from international trade policies, shifts in demand from major industries utilizing adipic acid, and technological advancements that could affect production processes. Attentiveness to these factors may provide insights into potential changes in the forecast trajectory.