The import of liquefied ethylene, propylene, butylene, and butadiene to China stood at a value of 910.0 million kilograms in 2023. For 2024, the forecasted volume is 954.38 million kilograms, reflecting a year-on-year growth of 4.87%. The import volume is projected to increase further to 994.81 million kilograms in 2025, representing a 4.24% annual growth from the previous year. For 2026, the forecast predicts a volume of 1034.4 million kilograms, a 3.98% increase year-on-year. In 2027, the anticipated volume is 1073.3 million kilograms, indicating a year-on-year growth of 3.76%. The year 2028 is forecasted to see imports reaching 1111.3 million kilograms, a 3.54% rise from the previous year. Over the last two years (2023-2025), the average annual growth rate has been approximately 4.55%, while the five-year compound annual growth rate (CAGR) from 2023 to 2028 averages at 4.07%.
Future trends to watch for include potential shifts in global supply chains, changes in trade policies, and advancements in alternative materials or technology. Additionally, monitoring China's domestic production capacity and environmental regulations will be crucial for predicting future import volumes.
