The import of 2,2-Oxydiethanol (Diethylene Glycol) to China is projected to grow steadily from 2024 through 2028, with volumes increasing from 858.51 million kilograms in 2024 to 949.85 million kilograms in 2028. In 2023, the volume stood at 837.00 million kilograms, highlighting a growth trend. Year-on-year changes show a gradual rise with 2.74% in 2025, 2.61% in 2026, 2.50% in 2027, and 2.39% in 2028. The compound annual growth rate (CAGR) over this forecasted period is approximately 2.56%.
Future trends to watch for include:
- Potential shifts in China’s industrial production capacities that might influence Diethylene Glycol demand.
- Global price fluctuations impacting import volumes and cost competitiveness.
- Environmental regulations and sustainability trends affecting chemical imports and usage.