The re-import of Ethylene Glycol (Ethanediol) to China is projected to decline steadily from 2024 to 2028, starting at 215.3 thousand kilograms in 2024 and decreasing to 186.79 thousand kilograms by 2028. Compared to 223 thousand kilograms in 2023, this signifies a notable decrease. The year-on-year reduction from 2024 onward indicates a shrinking demand or an increase in domestic production, leading to decreased reliance on re-imports. The compound annual growth rate (CAGR) will reflect a downward trend over the last five years.
Future trends to watch include the development of China's domestic production capacity and shifts in global ethylene glycol pricing, which could further affect import levels. Additionally, any significant changes in environmental regulations or market dynamics could alter this forecast trajectory.
