In 2024, China led global ethylene imports with a value of $3.9221 billion, significantly outpacing Belgium, which stood second at $2.2312 billion. Countries such as Indonesia, Germany, and the Netherlands followed with values below $1 billion, indicating a substantial gap. Smaller European and Asian markets like France, Italy, and South Korea showed moderate import volumes, while Qatar and particularly Malaysia displayed notable year-on-year growth. Conversely, significant declines were observed in countries like Germany and South Korea. A dramatic percentage variation was evident in smaller markets like Finland and Norway, showing high volatility in import values.
Future trends to watch include China's continued dominance in ethylene imports, driven by industrial growth. Emerging markets, especially in Asia and the Middle East, could see increased activity. Conversely, European countries may experience slower growth or declines due to economic stagnation. Sustainability and shifts toward green technologies might also influence market dynamics, potentially reducing ethylene imports as countries develop domestic alternatives.
Top countries in Import of Ethylene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,922,100,000 | 2023 | +4.43% | +3.5% | View data |
| 2 | 2 Belgium | 2,231,200,000 | 2023 | +1.32% | +0.55% | View data |
| 3 | 3 Indonesia | 806,440,000 | 2023 | +1.58% | +1.26% | View data |
| 4 | 4 Germany | 724,950,000 | 2023 | +0.9% | -0.22% | View data |
| 5 | 5 Netherlands | 404,440,000 | 2023 | +0.64% | -0.45% | View data |
| 6 | 6 France | 227,170,000 | 2023 | +3.98% | +0.49% | View data |
| 7 | 7 Italy | 208,680,000 | 2023 | +4.51% | +3.87% | View data |
| 8 | 8 South Korea | 148,220,000 | 2023 | -0.86% | -1.7% | View data |
| 9 | 9 Sweden | 142,470,000 | 2023 | -0.31% | +0.71% | View data |
| 10 | 10 Qatar | 111,380,000 | 2023 | +4.3% | +4.53% | View data |
