Forecast: Import of Dimethyl Terephthalate to Canada

In 2023, Canada recorded an import volume of dimethyl terephthalate significantly affected by factors such as global supply chain constraints. The forecast for the years 2024 to 2028 indicates a steady decrease in import volumes, with projections showing a year-on-year decrease. Specifically, the volume is expected to drop from 309.53 thousand kilograms in 2024 to 263.02 thousand kilograms by 2028. The average annual decrease over these five years, calculated as the compound annual growth rate (CAGR), suggests a consistent downward trend.

Trends to watch for in the future include:

  • Possible shifts in domestic production as manufacturers may seek to reduce dependency on imports.
  • Potential fluctuations in import tariffs or regulations affecting dimethyl terephthalate imports.
  • The impact of technological advancements in recycling and alternative materials that could alter demand.

Top Countries about Petrochemical Intermediates