The forecasted import volume of oxalic acid to the US shows a continuous decrease from 2024 to 2028, starting at 5.942 million kilograms in 2024 and declining to 5.4655 million kilograms by 2028. This represents a compounded annual growth rate (CAGR) reduction over the five-year period. In 2023, the import volume was slightly higher, indicating a consistent downward trend beginning in 2024. Year-on-year percentage decreases reflect a shrinking demand or increased domestic production.

Future trends to watch for:

Potential substitution with more sustainable or locally-produced alternatives.
Changes in industrial demand, particularly if driven by technological or regulatory developments.
Impacts of trade policies possibly affecting import patterns.