In 2024, the forecast for the re-import of thiuram mono-, di-, or tetra-sulphides to China shows a steady increase starting at 3.46 thousand US dollars, growing incrementally by 0.03 thousand US dollars annually, reaching 3.58 thousand US dollars by 2028. In 2023, actual values were slightly lower at 3.43 thousand US dollars. The annual growth rate from 2023 to 2024 was approximately 0.87%, and this growth rate is consistent in subsequent years. Over the five-year forecast period, the compound annual growth rate (CAGR) stands at around 0.87%, illustrating a stable but modest upward trend.
Future trends to watch for:
- Monitoring global demand and supply in chemical industries could affect these projections.
- Environmental regulations may impact the production or import of thiuram compounds.
- Technological advancements in manufacturing processes might influence costs and trade dynamics.
- China's economic policies regarding import tariffs and trade agreements may also play a crucial role.
