In 2023, the re-import of ethylene glycol to Canada was measured at a value (volume) of approximately 83.0 thousand kilograms. The forecast from 2024 to 2028 shows a declining trend. Specifically, re-imports are projected to decrease by 8.18% from 2024 to 2025, 8.75% from 2025 to 2026, 9.41% from 2026 to 2027, and 10.16% from 2027 to 2028. Over this five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of about 8.43%.
Future trends to monitor include shifts in global ethylene glycol production, changes to Canadian import tariffs that could impact re-import rates, and advancements in alternative materials that may decrease dependency on ethylene glycol.
