The import of butyric and valeric acids to China is forecasted to see a steady increase from 2024 to 2028, growing from 33.184 million kilograms to 37.01 million kilograms. In 2023, the imports stood at approximately 32.198 million kilograms. The year-on-year growth rate is expected to be modest, averaging around 2-3% annually. Over the last five years, the compound annual growth rate (CAGR) in import volume has consistently shown a gradual positive trend, signaling a stable rise in demand.
Future trends to watch for include:
- Potential regulatory changes affecting import policies and demand.
- Domestic advancements in alternative product development impacting import dependency.
- International market conditions influencing China's sourcing strategies and supply chain stability.
