In 2023, China and Japan emerged as dominant players in the global export market for epoxides, epoxy-alcohols, -phenols, and -ethers, consisting of over 49% market share collectively, with China leading at 27.82% and Japan at 21.88%. Countries like Italy, Germany, and India also hold significant shares above 5%. Notable growth was seen in countries such as Israel and the Czech Republic, with increases of 12.42% and 20.35% respectively. However, nations like Denmark and Austria faced notable declines, with reductions of over 12% and 25%.
Looking ahead, key trends to monitor include China and Japan's continued influence, potential increases in exports from emerging markets like Lithuania and Slovenia, and the impact of geopolitical factors on countries with declining shares. Furthermore, the evolving economic landscape and technological advancements in epoxide production could reshape market dynamics over the next few years.
Top countries in Export of Epoxides, Epoxy-Alcohols,-Phenols,-Ethers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.82 | 2023 | +4.69% | +3.82% | View data |
| 2 | 2 Japan | 21.88 | 2023 | +3.43% | +5.54% | View data |
| 3 | 3 Italy | 6.25 | 2023 | +3.55% | +2.94% | View data |
| 4 | 4 Germany | 6.22 | 2023 | +1.05% | +2% | View data |
| 5 | 5 India | 5.28 | 2023 | +5.13% | +4.86% | View data |
| 6 | 6 Israel | 4.58 | 2023 | +4.63% | +12.42% | View data |
| 7 | 7 Switzerland | 4.51 | 2023 | +1.93% | -2.09% | View data |
| 8 | 8 Netherlands | 4.23 | 2023 | +1.98% | +1.35% | View data |
| 9 | 9 Thailand | 3.89 | 2023 | +3.37% | +3.48% | View data |
| 10 | 10 South Korea | 3.35 | 2023 | +4.16% | +3.56% | View data |