In 2023, the import of Buta-1,3-Diene and Isoprene to Germany stood at a given baseline. The forecasted import volumes from 2024 to 2028 show a consistent upward trend, beginning at 107.58 million kilograms in 2024 and reaching 117.6 million kilograms in 2028.
The year-on-year percentage variations are as follows:
- 2025: 2.36%
- 2026: 2.29%
- 2027: 2.21%
- 2028: 2.14%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is approximately 2.25%, indicating a steady increase in import volume.
Future Trends to Watch For:
- Supply Chain Dynamics: Any disruptions or improvements in supply chains that could affect import volumes.
- Regulatory Changes: New regulations affecting import tariffs or environmental controls which could impact volume.
- Domestic Production: Changes in Germany’s domestic production capacity of Buta-1,3-Diene and Isoprene.