In 2024, the import of o-Xylene to Germany is forecasted to be 146.27 million kilograms. From this point, the imports are expected to grow steadily, reaching 170.57 million kilograms by 2028. This indicates a consistent year-on-year increase in imports, with significant annual growth rates. In comparison to 2023, where the actual figure stood at a lesser value, this upward trend reflects a robust demand for o-Xylene in Germany. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 highlights a steady growth momentum, showcasing an expanding market need for this chemical over the coming years.
Future trends to watch for include potential policy changes affecting imports, shifts in domestic production, technological advancements in o-Xylene usage, and fluctuations in global oil prices influencing supply and demand dynamics. Additionally, the impact of environmental regulations and sustainability trends might also affect the import trajectory.