Forecast: Sold Production of Ethylene Glycol in Denmark

The production of ethylene glycol in Denmark has shown considerable volatility over the period from 2013 to 2023, experiencing significant peaks and troughs. In 2023, the production stood at 71.96 thousand kilograms. The year-on-year variation over the last two years was -4.91% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was -11.36%, indicating a general declining trend.

Future trends to watch for:

  • Continued decline in production with a forecasted five-year CAGR of -4.6%.
  • Potential impact of environmental regulations and shifts toward sustainable alternatives.
  • Technological advancements that might improve production efficiency or reduce demand.
  • Global market shifts and raw material availability affecting local production.

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