The US import of acetic acid, predicted to reach 56.135 million kilograms in 2024, shows a steady upward trend through to 2028, with an annual increase averaging around 3% year-on-year during this forecast period. The total growth from 2024 to 2028 is expected to be approximately 15.7%, reflecting a compound annual growth rate. In 2023, the imports were slightly lower, indicating a consistent rise in demand or consumption.
Future trends to watch for include:
- Increased bio-based acetic acid production influencing import demand.
- Fluctuations in US industrial activities, particularly in sectors like textiles and chemical manufacturing.
- Potential impacts of policy changes on trade and tariffs affecting import levels.