The import value of propene (propylene) into the US is expected to show a continual decline from 2024 to 2028, from $159.43 million in 2024 to $133.9 million in 2028. In 2023, the value stood higher, indicating a consistent downward trend in forecasted years. The year-on-year decrease from 2024 to 2025 is about 4.12%, from 2025 to 2026 is 4.22%, from 2026 to 2027 is 4.31%, and from 2027 to 2028 is 4.42%. Over this five-year period, the compound annual growth rate (CAGR) indicates an average annual decline of approximately 4.27%.

Future trends to watch:

Sustainability initiatives might reduce propene demand as industries seek alternative materials.
Technological advancements in production might impact imports as domestic production becomes more cost-effective.
Economic shifts and trade policies could influence propene import trends in the coming years.