The import volume of acyclic terpene alcohols to China is forecasted to decrease progressively from 2024 to 2028, with values projected to decline from 1.5772 million kilograms in 2024 to 1.4473 million kilograms by 2028. Compared to actual data for 2023, which is required for year-on-year comparison and the five-year CAGR is not available specifically. Nonetheless, the consistent downward trajectory reflects a compounding annual reduction. This trend indicates a sustained shift in China's importation strategies, potentially driven by increasing local production capabilities or shifts in industrial demand.
Future trends to watch include technological advances in synthetic and bio-based alternatives, evolving regulations around chemical imports, and changes in consumer preferences towards natural products which might affect demand. Monitoring these factors will be crucial for anticipating future market dynamics.
