The import of acrylic acid and its salts into China is forecasted to steadily decline from 2024 to 2028, with values decreasing from 18.102 million USD in 2024 to 8.74 million USD in 2028. The year-on-year decline from 2024 to 2025 is 13.31%, continuing to drop by 15.08% from 2025 to 2026. This downtrend persists, showing a 17.34% dip from 2026 to 2027, and a significant 20.61% decrease from 2027 to 2028.
In the longer term, the Compound Annual Growth Rate (CAGR) indicates an average annual reduction of approximately 15.02% over the five-year forecasted period.
Future trends to watch include changes in global supply chains, shifts in domestic demand, advancements in local production capabilities, and the potential impact of geopolitical factors and international trade policies. Monitoring technological innovations and environmental regulations affecting acrylic acid production could also influence import levels.
