Key Market Indicators
In 2021, South Korea was the third largest exporter of Acrylonitrile in the world. India, South Korea and Malaysia were ranked second, third and fourth respectively. Korea's Acrylonitrile import is expected to hit 169 million kilograms in 2026, a 1.5% yearly growth from 155 million kilograms in 2021. Since 1993, the demand for the chemical in the country has risen by an average of 2.9% annually. India led the ranking in 2021, followed by South Korea and Malaysia. Korea's Acrylonitrile export is projected to reach 277 million kilograms by 2026, a 1.3% yearly growth from 257 million kilograms in 2021. Since 1993, the supply of the chemical in the country has increased by an average of 1.3% annually. In 2021, South Korea was the third-largest exporter of Acrylonitrile, behind India and Malaysia.