Forecast: Export of Propene (Propylene) from Canada

The export of Propene (Propylene) from Canada in 2023 stood at 165.90 Million Kilograms. For 2024, the forecasted export volume is 159.72 Million Kilograms, marking a year-on-year decrease of approximately 3.7% from 2023. The downward trend continues with forecasted volumes of 153.54 Million Kilograms in 2025, 147.48 Million Kilograms in 2026, 141.55 Million Kilograms in 2027, and 135.73 Million Kilograms in 2028. Over these years, the average compound annual growth rate (CAGR) is projected to be -3.8%.

Future trends to watch for:

  • Global demand fluctuations for propene due to changes in downstream industries like plastics and chemicals.
  • Impact of environmental regulations promoting the use of alternative, eco-friendly chemicals.
  • Technological advancements in propene production and export logistics.
  • Trade policies and international relations influencing market access and competitiveness.

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