The global export market for derivatives of phenols or phenol alcohols is led by the United States, Israel, and China. The United States saw a slight decline in 2023, while Israel experienced a significant decrease. China also faced a modest decline. In contrast, emerging markets like India and Japan saw notable growth, attributed to increased production capacities and demand.
Other countries such as Russia and Ireland showed remarkable fluctuations, with Russia experiencing an exceptional increase, whereas Switzerland and Spain witnessed substantial declines.
Future trends to watch include increased activity from Asian markets like India and Japan due to their expanding industrial capabilities. Conversely, ongoing economic uncertainties may impact European exports, with smaller markets potentially gaining prominence driven by domestic policy shifts and technological advancements.
Top countries in Export of Derivatives of Phenols or Phenol Alcohols Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 23.4 | 2023 | +1.57% | -0.034% | View data |
| 2 | 2 Israel | 22.26 | 2023 | -0.77% | -1.41% | View data |
| 3 | 3 China | 14.97 | 2023 | +0.37% | -0.072% | View data |
| 4 | 4 India | 9.78 | 2023 | +3.9% | +3.24% | View data |
| 5 | 5 Japan | 8.87 | 2023 | +2.15% | +4.44% | View data |
| 6 | 6 Germany | 3.51 | 2023 | -0.45% | -0.64% | View data |
| 7 | 7 United Kingdom | 3.06 | 2023 | -2.01% | -2.38% | View data |
| 8 | 8 Belgium | 2.47 | 2023 | +0.45% | -1.12% | View data |
| 9 | 9 Netherlands | 2.36 | 2023 | +3.25% | +3.58% | View data |
| 10 | 10 South Korea | 2.18 | 2023 | +3.61% | +4.13% | View data |
