In 2023, China was the dominant leader in global lysine export by value, at 36.09 USD million, experiencing a modest growth of 3.71% year-on-year. Indonesia and South Korea followed with 17.37 USD million and 12.52 USD million, respectively, both showing minor increases. The United States and the Netherlands saw declines, while Germany and Lithuania exhibited gains. Notably, Switzerland's exports soared 133.19%, and Greece posted a gain of 148.68%. Other countries experienced mixed results, with several exhibiting declines, including Brazil and Japan.
Future trends to watch include potential shifts in global supply chains due to geopolitical tensions, fluctuations in demand from the livestock industry, and technological advancements in lysine production. Trade policies and environmental regulations may also impact the global lysine market. Monitoring these factors will be crucial for understanding changes in market dynamics and adjusting strategies accordingly.
Top countries in Export of Lysine Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.09 | 2023 | +3.76% | +3.71% | View data |
| 2 | 2 Indonesia | 17.37 | 2023 | +0.74% | +0.85% | View data |
| 3 | 3 South Korea | 12.52 | 2023 | +1.88% | +1.21% | View data |
| 4 | 4 United States | 12.4 | 2023 | -2.82% | -3.56% | View data |
| 5 | 5 Netherlands | 6.05 | 2023 | -3.04% | -3.4% | View data |
| 6 | 6 Germany | 4.18 | 2023 | +2.24% | +4.27% | View data |
| 7 | 7 Thailand | 2.38 | 2023 | -2.94% | -2.74% | View data |
| 8 | 8 Lithuania | 2.11 | 2023 | +5.42% | +4.5% | View data |
| 9 | 9 Brazil | 2.05 | 2023 | -14.11% | -10.85% | View data |
| 10 | 10 Switzerland | 1.08 | 2023 | +7.13% | +133.19% | View data |
