The Ethylene Glycol market in France exhibited some fluctuations over the past decade, with a notable high of 86.067 million kilograms in 2017 and a decline to 64.167 million kilograms in 2021. In 2023, the market stood at 65.06 million kilograms, reflecting a year-on-year increase of 0.67%. The last five years saw an average annual decline of 5.26%, showing a negative trend.
Key points to consider:
- Long-term fluctuations with significant peaks and troughs.
- Consistent decline from 2019 to 2021, followed by a slight recovery trend post-2022.
- Forecasted moderate growth with a 0.51% average annual increase expected over the next five years.
Future trends to watch for include the potential impacts of sustainability and recycling initiatives, advancements in production technologies, and potential economic factors that might affect the demand for ethylene glycol.
