The forecast for the import of acrylic acid esters into China from 2024 to 2028 shows a significant decline, with volumes reducing from 19.377 million kilograms in 2024 to 4.4456 million kilograms by 2028. Comparing this with the previous years, one could note that there has been a marked decrease projected for the upcoming years.
On a year-on-year basis, the forecasts show a progressive decline in import volumes: a reduction of approximately 19.82% from 2024 to 2025, 24.32% from 2025 to 2026, 31.42% from 2026 to 2027, and 44.91% from 2027 to 2028. The compound annual growth rate (CAGR) anticipated over this five-year period suggests an average annual decrease of 30.23% in volume imports.
Future trends to watch for include potential shifts in domestic production capabilities, changes in international trade agreements, and the influence of sustainability initiatives on input materials. Additionally, the impact of economic policies or geopolitical factors could further affect import dynamics in the coming years.
