The global export market for acetic acid is dominated by the United States, China, and Belgium. In 2023, minor year-on-year fluctuations were observed, with China and South Korea showing increases of approximately 2%, while the United States saw a decrease of around 0.6%. Germany, Denmark, and Switzerland noted slight growth, whereas Russia, Poland, and Mexico experienced declines. Over the past five years, the compound annual growth rate (CAGR) indicates varying trends, with some countries like Saudi Arabia and Denmark outperforming others.
Future trends to focus on include technological advancements in the production of acetic acid, shifts in international trade policies, and environmental regulations that may impact global supply and demand patterns. Observing the growing export figures from emerging markets could signal new developments in regional production capabilities and economic strategies.
Top countries in Export of Acetic Acid by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 497,350,000 | 2023 | +0.57% | -0.6% | View data |
| 2 | 2 China | 481,100,000 | 2023 | +5.4% | +2.12% | View data |
| 3 | 3 Belgium | 468,330,000 | 2023 | +2.17% | +0.74% | View data |
| 4 | 4 Malaysia | 290,420,000 | 2023 | +3.26% | +0.36% | View data |
| 5 | 5 South Korea | 129,380,000 | 2023 | +3.74% | +2.3% | View data |
| 6 | 6 Serbia | 70,039,000 | 2023 | +4.57% | +2.26% | View data |
| 7 | 7 Saudi Arabia | 35,917,000 | 2023 | +4.91% | +6.43% | View data |
| 8 | 8 Germany | 27,558,000 | 2023 | +2.94% | +2.41% | View data |
| 9 | 9 Russia | 16,142,000 | 2023 | -0.98% | -1.54% | View data |
| 10 | 10 India | 14,533,000 | 2023 | +2.85% | +0.57% | View data |
