The import values of Buta-1, 3-Diene and Isoprene to China are forecasted to increase steadily from 2024 to 2028. Starting at 534.78 million USD in 2024, the import value is expected to rise to 585.48 million USD by 2028. Compared to an import value of 511.89 million USD in 2023, this forecast indicates a significant year-on-year growth. Specifically, the percentage increases are 4.47% from 2024 to 2025, 4.26% from 2025 to 2026, 4.32% from 2026 to 2027, and 4.28% from 2027 to 2028, showing a consistent upward trend.
Over the last two years, the average growth rate has been approximately 4.367%, and the Compound Annual Growth Rate (CAGR) is around 4.23% over the five-year forecast period. This suggests a steady demand and growing reliance on these chemicals in the coming years.
Future trends to watch for include potential shifts in global supply chains, advances in synthetic rubber manufacturing, and changes in environmental regulations that could impact both production and import strategies. Monitoring geopolitical factors and trade policies will also be crucial in understanding future import dynamics.
