In 2023, China led the global export market of epoxides, epoxy-alcohols, -phenols, -ethers, with exports valued at $124.72 million, followed by Japan at $98.088 million. Israel showed the most significant growth with a 12.42% increase in exports. Countries like China, India, and South Korea showed steady growth, while Switzerland and the United States experienced declines. Notably, Slovenia had a remarkable increase in exports by 56.76%, and Greece showed a 43.9% increase. Several smaller exporters, including Finland, Denmark, and Luxembourg, saw significant declines.
Future trends to watch in this market include potential fluctuations due to evolving global trade policies, technological advancements in the production of epoxides, and shifting demand driven by emerging industries such as electric vehicles and green technology. Increase in regulations and environmental standards could also impact this market significantly, particularly focusing on sustainability and emissions reduction in chemical production.
Top countries in Export of Epoxides, Epoxy-Alcohols,-Phenols,-Ethers by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 124,720,000 | 2023 | +4.69% | +3.82% | View data |
| 2 | 2 Japan | 98,088,000 | 2023 | +3.43% | +5.54% | View data |
| 3 | 3 Italy | 28,007,000 | 2023 | +3.55% | +2.94% | View data |
| 4 | 4 Germany | 27,885,000 | 2023 | +1.05% | +2% | View data |
| 5 | 5 India | 23,674,000 | 2023 | +5.13% | +4.86% | View data |
| 6 | 6 Israel | 20,523,000 | 2023 | +4.63% | +12.42% | View data |
| 7 | 7 Switzerland | 20,211,000 | 2023 | +1.93% | -2.09% | View data |
| 8 | 8 Netherlands | 18,988,000 | 2023 | +1.98% | +1.35% | View data |
| 9 | 9 Thailand | 17,421,000 | 2023 | +3.37% | +3.48% | View data |
| 10 | 10 South Korea | 15,022,000 | 2023 | +4.16% | +3.56% | View data |
