Forecast: Import of 2,2-Oxydiethanol (Diethylene Glycol) to China

The import value of 2,2-Oxydiethanol (Diethylene Glycol) to China has shown significant fluctuations over the years. In 2023, the import value stood at $609.14 million. This indicates a steady recovery from a low of $372.97 million in 2016. Over the last two years, the annual growth rate was relatively stable, with an increase of 1.85% in 2022 and 1.78% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was 1.16%, indicating a modest but consistent growth trend. Looking ahead, the forecasted CAGR for the next five years is 1.38%, suggesting a steady growth rate and a forecasted value of $664.89 million by 2028.

Future trends to watch for:

  • Global economic conditions and trade policies that may affect demand and supply.
  • Technological advancements and alternatives to 2,2-Oxydiethanol.
  • Environmental regulations influencing import volumes and production practices.
  • Shifts in industrial applications and sectors utilizing diethylene glycol.

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