In 2023, Belgium led the global import of liquefied ethylene, propylene, butylene, and butadiene with a value of $697.73 million, representing a slight decline of 0.74% from the previous year. China, close behind, experienced a growth of 4.91%, suggesting a strong demand phase. Germany and the United States both experienced declines in imports by 2.06% and 6.49% respectively, reflecting potential shifts in regional supply chains or domestic production levels. Conversely, notable growth observed in Japan's shrinking figures by a striking 19.91%, hinting at potential shifts in domestic capacity or demand cycles.
Looking ahead, future trends to watch include:
- Continued growth in Asian countries, especially China and South Korea, potentially fueled by industrial and manufacturing recovery.
- An emerging demand in Eastern Europe and the Middle East, with countries like Russia and UAE showing significant increase signs.
- Monitoring macroeconomic factors and regional supply chain disruptions due to geopolitical tensions impacting imports.
Top countries in Import of Liquefied Ethylene, Propylene, Butylene, Butadiene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 697,730,000 | 2023 | +1.3% | -0.74% | View data |
| 2 | 2 China | 629,330,000 | 2023 | +4.56% | +4.91% | View data |
| 3 | 3 Germany | 431,230,000 | 2023 | +0.23% | -2.06% | View data |
| 4 | 4 United States | 306,760,000 | 2023 | -5.59% | -6.49% | View data |
| 5 | 5 Netherlands | 300,920,000 | 2023 | +3.69% | +4.56% | View data |
| 6 | 6 United Kingdom | 81,555,000 | 2023 | -1.09% | -1.99% | View data |
| 7 | 7 South Korea | 60,869,000 | 2023 | +4.74% | +3.39% | View data |
| 8 | 8 Spain | 59,173,000 | 2023 | +2.47% | -0.11% | View data |
| 9 | 9 Hungary | 56,349,000 | 2023 | +4.97% | +2.27% | View data |
| 10 | 10 Russia | 53,580,000 | 2023 | +1.84% | +5.29% | View data |
