The sold production of ethylene in the Netherlands stood at 2.899 billion Euros in 2023. The data forecasts a steady increase in the value of ethylene production from 2024 to 2028. The year-on-year variation shows a consistent upward trend, with a percentage increase of approximately 3.02% in 2024, 3.02% in 2025, 2.90% in 2026, 2.79% in 2027, and 2.68% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.88%.
Future trends to watch for in the ethylene market include potential impacts from advancements in production technology, fluctuating crude oil prices which affect raw material costs, and regulatory changes geared towards sustainability. Additionally, global demand shifts, particularly from the expanding Asian markets, and ongoing supply chain adjustments could significantly influence production and market values.
