The global export of ethylene in 2023 showed varying trends across different countries. The Netherlands led the market, although they experienced a slight decline of 0.66% year-on-year. The United Kingdom and South Korea marginally increased, with a 0.33% and 1.77% rise, respectively. Emerging countries like Singapore and Thailand had notable growth at 5.85% and 2.65%. Meanwhile, Greece showed an extraordinary surge of over 135%. By contrast, Finland experienced a significant decline of 6.14%. Looking at the past five years, Singapore demonstrated consistent growth, while France showed a downward trend.
Forecasted trends in ethylene export suggest heightened activity in Asian economies, with nations like Singapore and India boosting their market shares. Additionally, revitalization in Middle Eastern, especially Saudi Arabian exports, is anticipated due to increased industrial activity. Monitoring geopolitical factors and trade policy changes will also be crucial to understanding shifts in ethylene export dynamics.
Top countries in Export of Ethylene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 16.31 | 2023 | +1.15% | -0.66% | View data |
| 2 | 2 United Kingdom | 15.19 | 2023 | +2.22% | +0.33% | View data |
| 3 | 3 South Korea | 13.71 | 2023 | +2.28% | +1.77% | View data |
| 4 | 4 Japan | 8.83 | 2023 | +0.99% | +0.52% | View data |
| 5 | 5 Belgium | 7.04 | 2023 | +4.02% | +2.15% | View data |
| 6 | 6 Italy | 6.92 | 2023 | +4.62% | +3.49% | View data |
| 7 | 7 Singapore | 5.16 | 2023 | +3.5% | +5.85% | View data |
| 8 | 8 Malaysia | 4.88 | 2023 | +4.42% | +2.72% | View data |
| 9 | 9 Thailand | 3.69 | 2023 | +5.32% | +2.65% | View data |
| 10 | 10 Saudi Arabia | 3.62 | 2023 | +2.73% | +4.51% | View data |