India's import of ethylene glycol (ethanediol) has been steadily increasing. In 2023, the import volume stood at 923 million kilograms.
Forecasted data from 2024 to 2028 shows a consistent year-on-year increase:
- 2024: 939.93 million kg (+1.83%)
- 2025: 956.32 million kg (+1.75%)
- 2026: 972.38 million kg (+1.68%)
- 2027: 988.11 million kg (+1.62%)
- 2028: 1003.5 million kg (+1.56%)
The five-year compound annual growth rate (CAGR) for ethylene glycol imports is estimated to be around 1.69%.
Future trends to watch for include shifts in global ethylene glycol production capacities, trade policies affecting import tariffs, and advancements in alternative materials that may impact demand. Monitoring these factors will provide greater clarity on import trends and potential market disruptions.
