Key Market Indicators
India's propylene exports are expected to reach 54 million kilograms by 2026, up 4.6% annually. This marks an increase of 20.8% since 1993. In 2021, India ranked 20th globally, with Belgium in the lead at 40.4 million kilograms. Japan, the Netherlands and the US came in second, third and fourth respectively. Meanwhile, propylene imports to India are expected to fall to 417,000 kilograms by 2026, a 21.1% decrease from 2021's 1.5 million kilograms. Demand has risen 26.3% since 1994, with India ranking 31st in 2021. Sweden topped the list with 1.5 million kilograms, followed by Germany, Belgium and the Netherlands.