The forecasted import of ethylene to China indicates an increasing trend from 2024 to 2028, rising from 4.0922 billion USD in 2024 to 4.7811 billion USD in 2028. Comparatively, in 2023, the import value was lower, estimated to be below 4 billion USD. Year-on-year growth remains stable, showing a consistent increase each year, with a noticeable compound annual growth rate (CAGR) over this period reflecting moderate yet steady expansion.
Future trends to watch for include:
- China's domestic ethylene production capacity developments affecting import demand.
- Global ethylene price volatility impacting import costs.
- Trade policies and agreements influencing import dynamics.
