The import of Propylene Glycol (Propane-1,2-Diol) to South Korea is forecasted to increase steadily from 2024 to 2028, with values starting at 16.44 million kilograms in 2024 and reaching 17.954 million kilograms by 2028. This series shows a positive year-on-year growth: 2.37% from 2024 to 2025, 2.27% from 2025 to 2026, 2.18% from 2026 to 2027, and 2.09% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is approximately 2.23%. The actual data from 2023 stood at 16 million kilograms.
Future trends to watch for include shifts in industrial demand, policy changes affecting chemical imports, and advancements in alternative materials which may influence the import volume of Propylene Glycol. Monitoring these factors will be crucial in assessing long-term market dynamics.
