China leads in global naphthol exports, contributing significantly higher volumes than others with 24.936 million kilograms. India follows as a distant second. In 2023, only China and India displayed growth at 1.87% and 7.88% respectively, while European countries like Poland and Germany exhibited declining trends, at -13.16% and -6.11%. Singapore maintains stability despite a slight dip, whereas Slovenia saw exponential growth of 199.04%. Overall, European nations display vulnerability, notably with severe contractions in Austria and Poland, whereas Asia sustains its influence.
Looking ahead, Asian dominance is expected to persist with China and India's expanding production capacities. European countries need strategic investments to reverse their declines. A focus on sustainable and innovative production methods could reshape the landscape, potentially reversing the downturn for European exporters. Monitoring technological advancements and international trade policies will be crucial in shaping future dynamics.
Top countries in Export of Naphthols by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 24,936,000 | 2023 | +1.92% | +1.87% | View data |
2 | 2 India | 5,907,800 | 2023 | +3.39% | +7.88% | View data |
3 | 3 Singapore | 295,420 | 2023 | +5.6% | -0.45% | View data |
4 | 4 Germany | 45,000 | 2023 | -2.98% | -6.11% | View data |
5 | 5 Poland | 44,320 | 2023 | +3.72% | -13.16% | View data |
6 | 6 Netherlands | 30,800 | 2023 | -3.63% | -6.79% | View data |
7 | 7 Slovenia | 7,440 | 2023 | +1.96% | +199.04% | View data |
8 | 8 Greece | 155 | 2023 | +6.9% | +13.58% | View data |
9 | 9 Austria | 80.44 | 2023 | -14.35% | -12.42% | View data |
10 | 10 Bulgaria | 22 | 2023 | -37.14% | -2.52% | View data |