The import of Propylene Glycol to China is projected to increase steadily from 77.786 million kilograms in 2024 to 80.72 million kilograms by 2028. In 2023, the imports stood at 77.050 million kilograms, marking a growth rate of approximately 0.95% from 2023 to 2024. Over the forecasted period, the year-on-year growth is expected to average around 0.93%. The compound annual growth rate (CAGR) reflects a consistent upward trend, projecting an average annual increase near 0.92% over the five-year span.
Future trends to watch include potential impacts from shifts in China's manufacturing sectors, changes in international trade policies, and the global market demand for propylene glycol as new applications in automotive coolants, pharmaceuticals, and electronics emerge.
