In 2023, imports of unsaturated polyesters to the US stood at $101 million. The forecasted data from 2024 to 2028 indicates a gradual decline in imports, decreasing from $100.32 million in 2024 to $98.047 million in 2028. The year-on-year decrease shows a consistent downward trend, reflecting subtle but steady market shifts. The calculated CAGR over the five-year forecast period shows an average annual decline of approximately 0.57%.
Future trends to watch for include:
- Shifts in domestic production capabilities impacting the import demand.
- Changes in US manufacturing sectors that heavily utilize unsaturated polyesters.
- Economic factors influencing the trade policies and pricing dynamics in international markets.
- The adoption of alternative materials and technologies affecting polyester consumption.