Key Market Indicators
By 2026, Australian demand for Ethylene is forecast to hit 4 million kilograms, representing an average annual growth rate of 3.7% since 2021. Since 1993, the country has seen its annual demand for the chemical grow by 19.9%. In 2021, Australia ranked 27th in the world for Ethylene demand, with Finland ahead at 3.2 million kilograms. China, Indonesia and Germany respectively held the second, third and fourth positions in this ranking. Meanwhile, Australian Ethylene exports fell sharply in 2021, dropping to 14,450 kilograms from 18,530 kilograms the previous year – a decrease of 22%. Since 1993, the country's supply of the chemical has grown by 11.8% year on year. In 2021, South Africa overtook Australia, with the latter at 30th in the world ranking, followed by South Korea, the United Kingdom and Japan.
