The export of ethylene from Turkey is projected to see a steady increase between 2024 and 2028. In 2023, the export volume was recorded at 22.311 million kilograms. For the year 2024, the export volume is forecasted at 23.001 million kilograms, reflecting an approximate 3.1% increase year-on-year. The growth continues with 23.693 million kilograms in 2025 (3.0% increase), followed by 24.371 million kilograms in 2026 (2.9% increase), 25.035 million kilograms in 2027 (2.7% increase), and 25.686 million kilograms in 2028 (2.6% increase). The compound annual growth rate (CAGR) over this five-year period is expected to be around 2.85%.
Future trends to watch for include:
- Global demand for ethylene and its downstream products such as polyethylene and ethylene oxide.
- Technological advancements in production techniques that could enhance output efficiency.
- Trade policies and tariffs that could impact export competitiveness.
- Environmental regulations and sustainability initiatives influencing production practices.
