In 2023, Belgium led the global import of liquefied ethylene, propylene, butylene, and butadiene, although it experienced a slight decline of 0.74%. China and the Netherlands saw significant increases of 4.91% and 4.56% respectively, while Germany and the United States experienced declines of -2.06% and -6.49%. Smaller importers showed varied trends with strong growth in countries like Serbia (11.24%), and Myanmar (3.03%), and a dramatic increase in the Maldives (92.04%). Russia and Malaysia also posted healthy growth rates of 5.29% and 5.01%, respectively. Meanwhile, countries like Japan (-19.91%), Ireland (-33.71%), and Argentina (-17.54%) saw notable decreases.
Future trends to watch include the continued growth of Asian markets, particularly China and South Korea, as these regions are expected to drive demand due to their booming manufacturing industries. The increase in import volume by smaller and emerging economies could also signal diversification of supply chains and growing industrial activity. Additionally, geopolitical factors and policy changes in major importing countries could impact global trade dynamics significantly.
Top countries in Import of Liquefied Ethylene, Propylene, Butylene, Butadiene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 24.26 | 2023 | +1.3% | -0.74% | View data |
| 2 | 2 China | 21.89 | 2023 | +4.56% | +4.91% | View data |
| 3 | 3 Germany | 15 | 2023 | +0.23% | -2.06% | View data |
| 4 | 4 United States | 10.67 | 2023 | -5.59% | -6.49% | View data |
| 5 | 5 Netherlands | 10.46 | 2023 | +3.69% | +4.56% | View data |
| 6 | 6 United Kingdom | 2.84 | 2023 | -1.09% | -1.99% | View data |
| 7 | 7 South Korea | 2.12 | 2023 | +4.74% | +3.39% | View data |
| 8 | 8 Spain | 2.06 | 2023 | +2.47% | -0.11% | View data |
| 9 | 9 Hungary | 1.96 | 2023 | +4.97% | +2.27% | View data |
| 10 | 10 Russia | 1.86 | 2023 | +1.84% | +5.29% | View data |
