Forecast: Import of Petroleum Resins, Coumarone, Indene, Polyterpenes to China

In 2023, the actual import value of petroleum resins and related products to China was valued at an unspecified amount preceding the forecast period. The forecast indicates a gradual decline in imports from $141.47 million in 2024 to $138.14 million in 2028. The year-on-year decrease is relatively modest, reflecting incremental reductions each year. The compound annual growth rate (CAGR) over the forecast period indicates a consistent decline.

Future trends to watch for include:

  • Potential impacts of global economic shifts on China’s import patterns and pricing.
  • Technological advancements and domestic production capacity affecting import reliance.
  • Environmental regulations influencing import and usage of such materials.

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