The import of Sulphuric Acid, Oleum to the Netherlands has seen notable fluctuations from 2013 to 2023. The value stood at 156.34 Million Kilograms in 2023. Year-on-year variation reveals a consistent decrease: 2022 to 2023 saw a decline of 7.98%, following a 7.53% drop from 2021 to 2022. The CAGR over the last 5 years is -6.73%, indicating an average annual decline. Long-term trends highlight a significant downward movement since 2015, marked by an initial spike followed by a steady depreciation.
Forecasts for 2024 to 2028 predict continued reductions with an anticipated CAGR of -9.58%, leading to a drastic 39.57% decline in the period. This is attributed to market adjustments and potential shifts in demand and supply chains.
Future trends to watch include changes in industrial demand, adoption of alternative chemicals, and environmental regulations influencing import volumes. Monitoring these factors could provide insights into the trajectory of the import market.
