The import of Ethylene Glycol (Ethanediol) to Germany has seen a fluctuating trend over the past decade, with notable declines from 2013 to 2015 followed by a peak in 2016. Despite a resurgence in 2021, imports have generally been on a downward trajectory. The year 2023 saw the volume stand at 242.26 million kilograms, a slight decrease from 2022. Over the past two years, the year-on-year variation has been around -1.9%, reflecting a subtle yet consistent decline. The compound annual growth rate (CAGR) over the last five years ending in 2023 is +0.56%, indicating a slight annual increase despite recent downtrends.
Future forecasts indicate a continual decline, with a projected volume of 217.79 million kilograms by 2028. This represents an average annual decrease of -1.69%, translating to an -8.15% overall decline over the next five years.
Future trends to watch for include shifts in industrial demand, advancements in production technology, and potential regulatory changes, including environmental policies that may affect import volumes. Keeping a close eye on global market dynamics and trade relations will also be crucial.
