Based on the provided data, the import of Butene (Butylene) to China is expected to show a consistent decline from 2024 to 2028. In 2023, the actual import value stood at approximately 8.27 million kilograms. The year-on-year percentage variation indicates a decrease: -12.61% from 2024 to 2025, -14.13% from 2025 to 2026, -16.10% from 2026 to 2027, and -18.79% from 2027 to 2028. The last CAGR, representing the average annual variation over the five years, is approximately -16.49%, indicative of a declining trend in the import volume over the forecast period.
Future trends to watch for include:
- Potential impacts of China's domestic production capabilities for Butene (Butylene) which may further reduce the reliance on imports.
- Economic factors or policies that could influence import dynamics, including tariffs, trade agreements, and technological advancements in local production.
- Global supply chain shifts and their impact on availability and costs, potentially affecting import volumes.
