The import of Oxirane (Ethylene Oxide) to Austria has seen considerable fluctuations from 2013 to 2023. The volume stood at 59.93 thousand kilograms in 2023, marking a -6.82% decline in year-on-year variation compared to 2022. From 2013 to 2023, the compound annual growth rate (CAGR) has been -4.97%, reflecting an overall downward trend.
From 2013 to 2023:
- The initial years saw significant variance with a prominent decline of -44.36% in 2013.
- There were brief recoveries and sharp drops, like a 15.34% increase in 2016 and a -21.96% decrease in 2020.
- Years 2022 and 2023 observed consecutive decreases of -6.51% and -6.82% respectively.
Future trends to watch for:
- Forecast data indicates continued declines at an estimated CAGR of -7.65% from 2024 to 2028, suggesting the volume may fall to 37.01 thousand kilograms by 2028.
- Monitoring shifts in regulatory policies, advancements in alternative chemicals, and potential market disruptions will be crucial in understanding the import behavior of Oxirane into Austria.
