The import of Butene (Butylene) to the UK in 2023 was approximately 17.2 million kilograms. Forecasted data indicates a steady growth trend, with figures expected to rise to 20.079 million kilograms by 2028. This reflects a year-on-year growth ranging from 3.5% to 3.1% during the forecasted period. The compound annual growth rate (CAGR) anticipated from 2023 to 2028 is around 3.13%, indicating consistent growth.
Future trends to watch for:
- Potential shifts in trade policies or agreements impacting import levels.
- Technological advancements in production reducing dependency on imports.
- Changes in domestic demand due to industrial and consumer sector shifts.
