In 2023, Saudi Arabia led globally in the export of Acrylic Acid and its Salts with 194.27 million kilograms, demonstrating a strong 6.56% year-on-year growth. China and Germany followed, with China experiencing a moderate 2.21% increase, while Germany saw a slight decline of 0.36%. Belgium, Japan, and Brazil showed notable growth rates of 1.31%, 16.76%, and 10.71%, respectively. The United States experienced a decrease of 4.53%. European countries displayed varying trends, with Poland and Austria seeing significant growth, while some like Hungary declined.
Future trends to watch include potential shifts in the global supply chain driven by geopolitical changes, technological advancement in production, and increased demand from emerging markets. A close eye on environmental regulations and sustainability initiatives, particularly in major exporters like China and the EU, will also be crucial for shaping the future landscape of Acrylic Acid exports.
Top countries in Export of Acrylic Acid and Its Salts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 194,270,000 | 2023 | +5.1% | +6.56% | View data |
| 2 | 2 China | 128,830,000 | 2023 | +4.12% | +2.21% | View data |
| 3 | 3 Germany | 95,125,000 | 2023 | +0.34% | -0.36% | View data |
| 4 | 4 Belgium | 75,909,000 | 2023 | -0.67% | +1.31% | View data |
| 5 | 5 Japan | 66,235,000 | 2023 | +3.38% | +16.76% | View data |
| 6 | 6 Malaysia | 33,387,000 | 2023 | -4.2% | -2.09% | View data |
| 7 | 7 Indonesia | 27,847,000 | 2023 | +1.06% | +1.19% | View data |
| 8 | 8 Russia | 24,173,000 | 2023 | +6.47% | +3% | View data |
| 9 | 9 United States | 23,283,000 | 2023 | -4.5% | -4.53% | View data |
| 10 | 10 Brazil | 22,527,000 | 2023 | +5.23% | +10.71% | View data |
