Analyzing the forecasted sold production of Ethylene in Germany, the figures stand at 2.3097 billion kilograms in 2024, 2.2691 billion kilograms in 2025, 2.229 billion kilograms in 2026, 2.1892 billion kilograms in 2027, and 2.1499 billion kilograms in 2028. In 2023, the actual production volume was recorded at 2.3505 billion kilograms, setting the baseline for comparisons. These values indicate a consistent year-on-year decline in production volume, with a percentage drop of approximately 1.76% from 2024 to 2025, and similar trends continuing through 2028.
Over the last two years (2023-2025), the reduction in production is noticeable, with a slight increase in the rate of decline each subsequent year until 2028. The Compound Annual Growth Rate (CAGR), which measures the average annual change over a five-year period, demonstrates a negative growth trend of approximately -1.76% per year.
In terms of future trends, several factors could impact the ethylene market in Germany. Notable risks include potential environmental regulations and a shift towards sustainable alternatives impacting production decisions. Additionally, technological advancements and shifts in global supply chains could also influence production volumes.