In 2023, the re-import of derivatives of acyclic alcohols to China was below 16.32 thousand kilograms. Forecasts from 2024 to 2028 show a gradual decline from 16.32 to 15.3 thousand kilograms, reflecting a negative trend with a compounded annual growth rate (CAGR) indicative of a steady decrease.
Year-on-year analysis suggests a consistent reduction each year, although the decline is moderate - approximately 1.5% annually. This trend hints at declining demand or increased local production capacities, reducing the necessity for re-importation.
Future trends to watch for include potential policy changes in China regarding chemical imports, potential advancements in local production technologies, and global market fluctuations that could impact China's import strategy.
