As of 2023, the import of crude glycerol, glycerol waters, and lye to the US stood at an estimated 17 million kilograms. The forecast from 2024 to 2028 shows a consistent year-on-year decline in import volume, starting from 15.469 million kilograms in 2024 and reaching 11.122 million kilograms by 2028. The average annual decline rate from 2024 to 2028 is anticipated to be around 7.74%.
Future trends to watch for include:
- Potential changes in domestic production capabilities and efficiencies, impacting import needs.
- Shifts in demand within industry applications, such as pharmaceuticals, food, and biodiesel sectors.
- Trade policy adjustments or supply chain disruptions affecting international trade dynamics.