The global export of oxalic acid is dominated by China, contributing a significant majority in volume. India and South Korea follow but with much smaller export quantities. Belgium showed strong growth with exports rising significantly. Conversely, the Czech Republic, United Arab Emirates, and Saudi Arabia experienced declines, while Slovenia and Greece saw exponential growth. Year-on-year variations highlight Belgium's double-digit rise, whereas Ukraine suffered a sharp decline. The CAGR over five years indicates a mixed trend, with several countries experiencing modest growth and others demonstrating contraction.
Future trends to watch include potential market expansion driven by industrial demands, especially from emerging economies. Monitoring trade policies, technological advancements, and environmental regulations will be crucial as they could influence export capacities and competitive dynamics significantly. Additionally, China's dominance will need continual assessment as other countries may attempt to expand their market share or improve their production efficiencies.
Top countries in Export of Oxalic Acid by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 104,500,000 | 2023 | +3.44% | +1.91% | View data |
| 2 | 2 India | 16,585,000 | 2023 | +2.5% | +2.96% | View data |
| 3 | 3 South Korea | 2,203,400 | 2023 | +3.31% | +1.71% | View data |
| 4 | 4 Belgium | 1,097,800 | 2023 | -2.29% | +17.97% | View data |
| 5 | 5 United Kingdom | 1,065,200 | 2023 | +2.02% | +0.91% | View data |
| 6 | 6 Italy | 857,680 | 2023 | +1.67% | +2.89% | View data |
| 7 | 7 Czech Republic | 760,220 | 2023 | -9.98% | -8.85% | View data |
| 8 | 8 Netherlands | 725,140 | 2023 | -1.04% | -0.69% | View data |
| 9 | 9 United States | 675,470 | 2023 | -0.92% | -1.39% | View data |
| 10 | 10 Slovenia | 388,600 | 2023 | +4.51% | +192.6% | View data |
