The import of ethylene polymers to Germany experienced a steady growth from 2013 to 2023 with a significant increase of 9.73% over the entire period. The value stood at 2.761 billion kilograms in 2023. Notably, the year-on-year variation showed modest fluctuations, with notable increases in 2015 (4.65%) and 2017 (4.42%). However, there were declines in 2016 (-0.05%) and 2020 (-2.11%). Between 2018 and 2023, annual growth rates varied but remained relatively positive.
Over the last two years, the import volume exhibited modest increments of 1.68% in 2022 and 1.43% in 2023. The CAGR over the last five years indicates an average annual growth rate of 0.21%, reflecting a generally stable market with slight upward trends.
From 2024 onwards, the forecast projects continuous growth, with imports expected to reach 2.9494 billion kilograms by 2028. The forecasted 5-year CAGR is 1.05%, suggesting a gradual rise with a total growth rate of 5.36% over this period.
Future trends to watch include potential shifts in global trade policies, environmental regulations impacting polymer production and trade, and advancements in material science possibly influencing demand dynamics. These factors could significantly alter the projected growth trajectory.
