The forecast for the import of plasticised polyvinyl chloride to the US from 2024 to 2028 shows a gradual decline. In 2023, the actual import value was higher than in anticipated forecasts, suggesting a shrinking demand or an increase in domestic production alternatives. The annual decrease from 2024 to 2028 averages slightly above -0.5% year-on-year. The compound annual growth rate (CAGR) over this period is also negative, indicating an overall decrease across five years.
Future trends to watch for include:
- Potential changes in US environmental regulations impacting imports.
- Technological advancements in domestic manufacturing methods.
- Shifts in global supply chains affecting availability and pricing.
