The import of polymers of ethylene to Germany has shown a steady increase over the past decade from 341.21 million kilograms in 2013 to 482.36 million kilograms in 2023. The year-on-year variation for 2023 was 2.56%, with a compound annual growth rate (CAGR) over the last five years being 2.47%. While there have been some fluctuations, such as a significant drop of 14.55% in 2020 followed by a robust recovery of 17.68% in 2021, the general trend has been upward.
From 2024 onward, the forecasted growth is expected to decelerate slightly, with a 5-year forecasted CAGR of 1.95%, culminating in an estimated 543.91 million kilograms by 2028. This represents a growth rate of 10.11% over the five-year period.
Future trends to watch for:
- Potential impacts of global economic fluctuations.
- Technological advancements in polymer production that could affect import volumes.
- Policy changes related to environmental concerns and plastic usage regulations.
- Market demand shifts within the European Union and globally.
