South Korea leads the global export market of propene with a 28.09% share, followed by the Netherlands and the United States with 11.55% and 11.41%, respectively. Notable yearly variations include a significant increase for Poland at 77.29%, a decline for Belgium at -28.98%, and a notable growth for the Philippines at 7.23%. Over a five-year period, South Korea and the United States continued to strengthen their positions, while European countries showed mixed trends with Germany and Italy having slight gains.
Future trends to watch include shifts owing to geopolitical changes, sustainability demands, and technological advancements in production methods. Emerging markets might alter the current dynamics by increasing their global market share, while developed nations may focus on value-added products.
Top countries in Export of Propene (Propylene) Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 28.09 | 2023 | +3.43% | +2.88% | View data |
| 2 | 2 Netherlands | 11.55 | 2023 | +1.97% | -0.37% | View data |
| 3 | 3 United States | 11.41 | 2023 | +4.8% | +3.59% | View data |
| 4 | 4 Japan | 9.84 | 2023 | -0.94% | -0.38% | View data |
| 5 | 5 Saudi Arabia | 4.64 | 2023 | +1.18% | -2.19% | View data |
| 6 | 6 Spain | 3.76 | 2023 | +1.16% | -0.85% | View data |
| 7 | 7 Germany | 3.71 | 2023 | +0.51% | +0.45% | View data |
| 8 | 8 Italy | 3.62 | 2023 | +1.52% | +0.51% | View data |
| 9 | 9 Thailand | 3.35 | 2023 | +2.63% | +2.2% | View data |
| 10 | 10 United Kingdom | 2.96 | 2023 | -2.74% | -4.59% | View data |
