The import of ethylene to Japan in 2023 was valued at approximately 100.0 million US dollars. The forecast for 2024 shows an increase to 101.85 million US dollars, indicating a year-on-year growth of about 1.85%. This upward trend continues through 2028, with imports projected to reach 108.91 million US dollars, representing a compound annual growth rate (CAGR) of about 1.69% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential changes in global ethylene supply and demand dynamics.
- Technological advancements in ethylene production that may affect pricing.
- Japanese domestic industrial growth impacting ethylene import needs.
- Policy changes regarding trade and import regulations in Japan.
