Based on the forecasted data, the import of alkyd resins to South Africa shows a consistent declining trend from 2024 to 2028. The import volume decreases from 755.23 thousand kilograms in 2024 to 709.9 thousand kilograms by 2028. Compared to 2023, the import volume represented a downward trajectory with a year-on-year decrease of approximately 1.55% from 2024 to 2025, and an average annual reduction of about 1.5% over the five-year period, indicating a compound annual growth rate (CAGR) of -1.5%.
Future trends to watch for include potential influences of government trade policies, fluctuations in global demand for alkyd resins, advancements in alternative materials or technologies, and economic conditions affecting manufacturing sectors that utilize these resins. Market participants should monitor these factors to anticipate further changes in import patterns.