Key Market Indicators
Belgian imports of ethylene are forecast to reach 2.1 billion kilograms by 2026, up from 2 billion in 2021. This represents a year-on-year growth average of 0.8%. Since 2004, Belgian demand has steadily increased by 2.5% year on year. China, Indonesia and Germany were the top three countries importing ethylene to Belgium in 2021. Belgian exports of ethylene are also expected to reach 260 million kilograms in 2026, up from 245 million in 2021. This growth rate is also projected to remain at 0.8% year on year. Since 2004, Belgian supply has increased by 4.3% year on year. Belgium was the eighth largest exporter in 2021, though Malaysia overtook the country with 245 million kilograms. South Korea, the United Kingdom and Japan were the top three countries importing ethylene from Belgium in 2021.