Between 2012 and 2022, the ethylene glycol market size volume in Germany has shown a fluctuating trend, notably decreasing from 204.23 million kilograms in 2012 to 175.17 million kilograms in 2022. The year-on-year variation highlights significant drops in specific years, particularly a 15.27% decline in 2014. However, some recovery is observed with a positive growth of 3.61% in 2021, although there was a slight dip of 2.08% in 2022. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 0.48%, reflecting a relatively stable, though marginally negative, trend.
Possible future trends to watch for include technological advancements in the automotive sector driving demand for ethylene glycol in antifreeze formulations. Additionally, sustainability trends and regulatory policies may impact production methods and market dynamics.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 324,650,000 | 2023 | +5.23% | +5.44% | View data |
| 2 | 2 Germany | 162,050,000 | 2023 | -1.31% | -0.85% | |
| 3 | 3 Italy | 79,536,000 | 2023 | -12.26% | -8.13% | View data |
| 4 | 4 France | 65,060,000 | 2023 | +0.67% | -5.26% | View data |
| 5 | 5 Hungary | 8,830,700 | 2023 | +8.06% | +3.39% | View data |
