The global ethylene import market in 2023 was dominated by China holding the largest share, followed by Belgium and Indonesia. Notable changes were observed with Nigeria and Malaysia experiencing significant increases, while Japan and Thailand saw considerable declines. Germany and the Netherlands also witnessed a slight decrease in their shares. Finland and Norway experienced remarkable growth, whereas countries like Singapore and Canada had substantial decreases.
Future trends to watch in the global import of ethylene market include:
- China's continued dominance in the market.
- The impact of geopolitical tensions on trade patterns, especially in regions like Europe and Asia.
- Technological innovations that may affect production and demand dynamics.
- Emerging markets in Africa gaining share from developed countries.
- The influence of sustainability and environmental policies on market dynamics.
Top countries in Import of Ethylene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39.33 | 2023 | +4.43% | +3.5% | View data |
| 2 | 2 Belgium | 22.37 | 2023 | +1.32% | +0.55% | View data |
| 3 | 3 Indonesia | 8.09 | 2023 | +1.58% | +1.26% | View data |
| 4 | 4 Germany | 7.27 | 2023 | +0.9% | -0.22% | View data |
| 5 | 5 Netherlands | 4.06 | 2023 | +0.64% | -0.45% | View data |
| 6 | 6 France | 2.28 | 2023 | +3.98% | +0.49% | View data |
| 7 | 7 Italy | 2.09 | 2023 | +4.51% | +3.87% | View data |
| 8 | 8 South Korea | 1.49 | 2023 | -0.86% | -1.7% | View data |
| 9 | 9 Sweden | 1.43 | 2023 | -0.31% | +0.71% | View data |
| 10 | 10 Qatar | 1.12 | 2023 | +4.3% | +4.53% | View data |
