Key Market Indicators
Filipina propylene exports are expected to hit 140 million kilograms by 2026, increasing by an average of 3.4% year on year from the 2021 figure of 113 million kilograms. Since 2012, the country's supply has grown at an annual rate of 3.3%. In 2021, Filipina was the 15th largest exporter, with Hungary leading the way at 113 million kilograms. Japan, the Netherlands and the United States were the next three largest exporters respectively. Meanwhile, propylene imports to Filipina are expected to reach 49 million kilograms by 2026, growing by an average of 1.2% year on year from its 2021 figure of 45 million kilograms. Since 2001, the country's demand has grown by 63.6% year on year. In 2021, Filipina was the 19th largest importer, with Greece leading the way at 45 million kilograms. Germany, Belgium and the Netherlands were the next three largest importers respectively.