The import of adipic acid to Canada is projected to grow steadily from 2024 to 2028, with forecasted volumes increasing from 93.758 million kilograms in 2024 to 102.61 million kilograms in 2028. This demonstrates a continuous upward trend, indicating a strong demand for this commodity in Canada. In 2023, the actual import stood at a specific baseline which served as the foundation for these projections. The year-on-year growth variation between these years is observed to be consistent, with a compound annual growth rate (CAGR) reflecting moderate yet positive growth over this five-year period.
Future trends to watch in the import of adipic acid to Canada may include shifts in global supply chains, environmental regulations impacting production processes, and changes in consumer demand for end-products utilizing adipic acid. Keeping an eye on these factors could significantly influence both the volume and value of imports going forward.
