The import of Oxirane (Ethylene Oxide) to Germany showed significant fluctuations over the years with a notable spike in 2016 and subsequent stabilization. In 2023, the volume stood at approximately 91.733 million kilograms. The year-on-year variation indicates consistent but small growth in recent years, particularly a 0.06% increase in 2022 and 2023. The last five years have a compound annual growth rate (CAGR) of 0.29%, showing a relatively stable market after previous higher volatility. Future forecasts predict a slight growth, with the volume reaching about 92.019 million kilograms by 2028, maintaining a forecasted 5-year CAGR of 0.05%. This growth trajectory suggests a stable yet minimal increase.
Future trends to watch for:
• Potential impact of regulatory changes on chemical imports.
• Technological advancements in Oxirane production that could affect demand.
• Economic shifts within the European Union that might influence import volumes.