In 2023, China dominated the ethyl acetate export market with a substantial share of 35.56%, followed by Belgium at 15.36% and the United Kingdom at 11.9%. Other significant exporters include India and Singapore. Notable declines were seen in the United States and Brazil, while Lebanon and Switzerland saw impressive growth. The Netherlands and Mexico registered declines, impacted by various economic factors. Over a five-year span, several countries have shown volatile trading patterns, highlighting the dynamic nature of the global market.
Future trends to watch: Ample growth potential exists in emerging markets, especially in Asia and Eastern Europe. Technological advancements in production and sustainable practices could shift export volumes and market shares. Additionally, trade policies and economic conditions in major exporting nations could impact the future distribution of ethyl acetate exports globally.
Top countries in Export of Ethyl Acetate Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 35.56 | 2023 | +3.05% | +3.95% | View data |
| 2 | 2 Belgium | 15.36 | 2023 | +1.41% | +1.44% | View data |
| 3 | 3 United Kingdom | 11.9 | 2023 | +1.99% | +1.41% | View data |
| 4 | 4 India | 8.24 | 2023 | +1.98% | +0.96% | View data |
| 5 | 5 Singapore | 6.14 | 2023 | +1.19% | +1.95% | View data |
| 6 | 6 Saudi Arabia | 5.84 | 2023 | +1.38% | +1.83% | View data |
| 7 | 7 South Africa | 2.58 | 2023 | -0.13% | +1.86% | View data |
| 8 | 8 Netherlands | 1.98 | 2023 | -3.39% | -2.12% | View data |
| 9 | 9 Ukraine | 1.81 | 2023 | +2.77% | +2.06% | View data |
| 10 | 10 United States | 1.66 | 2023 | -3.25% | -4.01% | View data |