The Canadian import of diols (excluding ethylene and propylene glycol) shows a positive growth trajectory from 2024 to 2028. In 2023, the actual import value stood at 14.73 million US Dollars. The forecast indicates steady year-on-year growth, with an increase of approximately 1.12% from 2024 to 2025, followed by further percent increments up to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is expected to maintain a modest growth, reflecting stable market conditions and demand.
Future trends to watch for include:
- Technological advancements influencing production efficiency.
- Shifts in global trade policies affecting import dynamics.
- Emerging needs in downstream industries driving demand.
