Key Market Indicators
Demand for propylene in Australia is expected to grow by 3.2% year-on-year on average, reaching 171,440 kilograms by 2026. This is an increase of 51.9% since 1993. In 2021, Australia placed 36th in the ranking, with the United Arab Emirates coming first with 139,860 kilograms. Germany, Belgium and the Netherlands followed in second, third and fourth place respectively. Meanwhile, Australia's propylene exports are expected to drop by 15.1% year-on-year CAGR, reaching 1,850 kilograms by 2026. This is a 109.2% increase since 1995. In 2021, Australia ranked 40th, with Ireland in first place at 4,570 kilograms. Japan, the Netherlands and the United States followed in second, third and fourth place respectively.