Germany leads the European export of methacrylic acid and its salts with 24.653 million kilograms, but it experienced a slight decline of 3.03% in 2023. Belgium follows with 15.58 million kilograms, decreasing by 1.86%. The Netherlands showed remarkable growth at 9.63%, reaching 2.9558 million kilograms. Spain, Hungary, and Romania reported declines, while Denmark (64.53%) and Austria (68.7%) saw notable increases. Over the last five years, trends suggest fluctuations with varying country-specific growth rates, although comprehensive five-year CAGR data isn't provided here.
Future trends to watch include potential regulatory changes in the European Union impacting production and export levels, increasing investments in sustainable and renewable methacrylic acid production, and shifts in demand from international markets. Economic stability in key European nations will also influence exports.
Top countries in Export of Methacrylic Acid and Its Salts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,653,000 | 2023 | -3.12% | -3.03% | View data |
| 2 | 2 Belgium | 15,580,000 | 2023 | +4.29% | -1.86% | View data |
| 3 | 3 Netherlands | 2,955,800 | 2023 | +14.85% | +9.63% | View data |
| 4 | 4 Spain | 54,890 | 2023 | +25.24% | -4.75% | View data |
| 5 | 5 Hungary | 28,540 | 2023 | +6.02% | +4.14% | View data |
| 6 | 6 Romania | 11,520 | 2023 | +5.13% | -21.93% | View data |
| 7 | 7 Sweden | 10,640 | 2023 | +34.87% | View data | |
| 8 | 8 Austria | 9,570 | 2023 | +73.77% | +68.7% | View data |
| 9 | 9 France | 4,120 | 2023 | +3.13% | View data | |
| 10 | 10 Denmark | 2,410 | 2023 | +2.86% | +64.53% | View data |
