Forecast: Import of Butene (Butylene) to India

In 2023, India's import of Butene stood at a certain volume, and the forecast for 2024 is marked at 84.902 million US dollars. In subsequent years, imports are projected to rise steadily, with values reaching 88.287 million by 2025, 91.605 million by 2026, 94.856 million by 2027, and 98.042 million by 2028. The year-on-year growth rates from 2024 through 2028 show a consistent upward trend, underlining robust demand or potential supply changes. The Compound Annual Growth Rate (CAGR) over this period suggests a moderate yet stable increase in imports.

Trends to watch:

  • Changes in domestic production and policies affecting local refineries.
  • Global pricing shifts due to crude oil volatility affecting feedstock availability.
  • Technological advancements improving polymer production or cost efficiencies.
  • Regulatory changes impacting import duties or trade agreements.

Top Countries about Butene