The import of Ethylene Glycol (Ethanediol) to Denmark has seen significant fluctuations from 2013 to 2023. In 2023, imports stood at $1.8536 million USD. The year-on-year variation over the past two years has shown a decline: -4.73% in 2022 and -4.87% in 2023. The 5-year compound annual growth rate (CAGR) reveals an average annual decline of -12.33% from 2019 to 2023.
Looking forward, the forecast indicates a continuous downward trend with a 5-year forecasted CAGR of -4.24%, projecting a further decline of 19.49% by 2028.
Future Trends to Watch:
- Fluctuations in global ethylene glycol supply and prices.
- Changes in industrial demand within Denmark.
- Impact of environmental regulations and their effect on ethylene glycol usage.
- Potential shifts to alternative materials or technologies.
