In 2023, the import of coal-tar distillation products to the U.S. was at a notable level. However, forecasts for 2024 through 2028 indicate a steady decline in import values. Each year sees a decreasing trend with a significant compounded annual growth rate (CAGR) decline forecasting for the total five-year period. Annually, the year-on-year reductions from 2024 to 2028 further illustrate a consistent drop in import activity in this market segment. This decline reflects shrinking demand or increased domestic production potentially impacting imports.

Future trends to watch for include:

Changes in U.S. energy policies that might affect coal-tar import needs.
Technological advances in alternative energy sources that could further diminish dependence on imported coal-tar products.
Economic shifts in major coal-tar exporting countries to the U.S. that might alter supply dynamics.