Forecast: Import of Acyclic Terpene Alcohols to China

The import value of acyclic terpene alcohols to China has shown a declining trend from 2013 to 2017, with the value decreasing significantly each year, reaching its lowest in 2017. A brief recovery was observed in 2018, but the decline resumed from 2019 onwards. By 2023, the import value was 15.028 million USD. The last two years saw marginal declines with year-on-year variations of -0.84% and -0.83% respectively. The five-year CAGR was -1.13%, indicating a consistent but slow decline.

Looking ahead, the forecast suggests a continued gradual decrease in imports of acyclic terpene alcohols, with a forecasted 5-year CAGR of -0.71% leading to a total forecasted decrease of -3.5% by 2028.

Future trends to watch for:

  • Potential changes in industrial demand and production efficiencies in China.
  • Impact of alternative chemicals or substitutes gaining preference over acyclic terpene alcohols.
  • Influence of international trade policies and regulations on import dynamics.

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