In 2023, Canada's import of acyclic terpene alcohols stood at 47.85 thousand kilograms. The forecasted data indicates a declining trend from 2024 through 2028, with a year-on-year decrease of approximately 1.14% from 2024 to 2025, and continuing at a similar pace in subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decrease of 1.13%.
Looking ahead, key trends to monitor include potential shifts in domestic production of terpene alcohols, changes in global supply chain dynamics, and evolving demand in industries such as fragrances and pharmaceuticals, which rely on these imports.
