In 2023, China led global exports of thiocarbamates and dithiocarbamates, accounting for 40.59% of the market, with a year-on-year growth of 5.25%. Japan and Germany followed with shares of 15.06% and 12.46%, growing at 3.76% and 3.34%, respectively. Most notable was Belgium with a significant drop of -22.93%, impacting its global share. Among smaller exporters, remarkable growth was observed in Indonesia, up by 144.62%. Overall, several European countries experienced declines, such as France (-52.89%) and Poland (-35.11%).
Future trends to watch include escalating growth in Asian markets, driven by China's dominance and emerging players like Indonesia. Continued volatility in European markets might suggest potential shifts in global supply chains, emphasizing the importance of monitoring regulatory and environmental policies influencing production and export.
Top countries in Export of Thiocarbamates and Dithiocarbamates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 40.59 | 2023 | +2.53% | +5.25% | View data |
| 2 | 2 Japan | 15.06 | 2023 | +2.76% | +3.76% | View data |
| 3 | 3 Germany | 12.46 | 2023 | +4.45% | +3.34% | View data |
| 4 | 4 Italy | 9.12 | 2023 | -0.79% | -0.77% | View data |
| 5 | 5 United States | 7.54 | 2023 | +0.34% | -0.53% | View data |
| 6 | 6 India | 3.58 | 2023 | +4.82% | +3.57% | View data |
| 7 | 7 Belgium | 3.13 | 2023 | -29.72% | -22.93% | View data |
| 8 | 8 Bulgaria | 2.98 | 2023 | +2.9% | +3.66% | View data |
| 9 | 9 Hungary | 1.32 | 2023 | +3.76% | +5.83% | View data |
| 10 | 10 Singapore | 1.11 | 2023 | +1.58% | +1.03% | View data |