The import of Methyloxirane (Propylene Oxide) to Spain in 2023 stood at 40.617 million kilograms. Over the past years, from 2013 to 2023, the import volume fluctuated with a general declining trend. The most significant drop occurred between 2018 and 2019, where the imports decreased from 45.531 to 34.919 million kilograms. Post-2023, the forecast indicates a gradual increase in imports, projected to reach 42.726 million kilograms by 2028.
Key year-on-year changes:
2019: -23.31%
2020: -5.04%
2021: +14.08%
2022: +6.23%
2023: +1.08%
The past five years show an average compound annual growth rate (CAGR) of -2.26%. For the forecasted period (2024-2028), an average annual growth rate of 0.8% is expected.
Future trends to watch for include:
- Global supply chain disruptions impacting import volumes
- Fluctuations in demand due to economic conditions
- Regulatory changes affecting the chemical industry
- Technological advancements in alternative chemicals
