The global export of tartaric acid in 2023 was dominated by China, Italy, and Spain, with China holding the largest market share. Over the last year, China and Spain experienced growth, while Italy saw a decline. Russia and Greece had notable increases, while Chile and Japan faced significant reductions. The annual variation highlights market dynamics and shifting leadership among key exporters.
Future trends to watch include:
- Continued growth in China's dominance and potential for Spain to close the gap with Italy.
- Impact of geopolitical factors influencing trade routes, especially in Europe.
- Emerging markets like Thailand and South Korea could play a more prominent role if growth continues.
Top countries in Export of Tartaric Acid Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.73 | 2023 | +3.32% | +1.81% | View data |
| 2 | 2 Italy | 31.7 | 2023 | +1.06% | -0.84% | View data |
| 3 | 3 Spain | 9.64 | 2023 | +3.19% | +1.51% | View data |
| 4 | 4 Germany | 4.51 | 2023 | +0.47% | -1.76% | View data |
| 5 | 5 Netherlands | 1.93 | 2023 | +2.9% | +0.2% | View data |
| 6 | 6 United States | 1.59 | 2023 | +1.84% | +0.033% | View data |
| 7 | 7 Chile | 1.17 | 2023 | -3.38% | -9.87% | View data |
| 8 | 8 Australia | 1.1 | 2023 | +2.63% | +0.77% | View data |
| 9 | 9 Russia | 0.31 | 2023 | +5.31% | +6.07% | View data |
| 10 | 10 Belgium | 0.26 | 2023 | +1.06% | -3.23% | View data |
