Key Market Indicators
In 2021, Belgium was ranked 4th in the world for export, with India, South Korea and Malaysia respectively being numbers 2, 3 and 4. Belgian acrylonitrile import is expected to reach around 123 million kilograms by 2026, growing at an average rate of 1.9% year-on-year. Since 2004, the demand has increased by 3.8% year-on-year, with Malaysia leading the world in 2021 with 109.6 million kilograms. India, South Korea, and Malaysia respectively came 2nd, 3rd and 4th in the ranking. Belgian acrylonitrile export is projected to reach around 28 million kilograms by 2026, growing at an average rate of 0.5% year-on-year. Since 2004, the supply has decreased by 0.2% year-on-year, with Belgium being 4th in the world for export in 2021 - India, South Korea and Malaysia were 2nd, 3rd and 4th respectively.