The global import of benzene exhibits noticeable variations among key countries. China, the leading importer, showed a modest 5.27% increase, indicating strong demand. The US saw a slight decrease, while Belgium and the Netherlands experienced mild growth. Saudi Arabia's imports grew slowly, and Germany faced a slight decline. Notably, Singapore and Canada had significant drops in import value, whereas countries like Thailand, Nigeria, and Uganda registered considerable increases.
Future trends to watch include China's continued dominance, potential recovery in previously declining markets, geopolitical factors affecting supply chains, and the impact of environmental regulations on benzene demand globally.
Top countries in Import of Benzene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,833,400,000 | 2023 | +5.17% | +5.27% | View data |
| 2 | 2 United States | 1,294,800,000 | 2023 | +0.38% | -0.33% | View data |
| 3 | 3 Belgium | 799,520,000 | 2023 | +1.15% | +1.99% | View data |
| 4 | 4 Netherlands | 684,980,000 | 2023 | +1.29% | +1.4% | View data |
| 5 | 5 Saudi Arabia | 552,620,000 | 2023 | +1.44% | +1.13% | View data |
| 6 | 6 Germany | 328,070,000 | 2023 | -0.92% | -0.23% | View data |
| 7 | 7 Spain | 254,530,000 | 2023 | -1.06% | +0.26% | View data |
| 8 | 8 Indonesia | 239,730,000 | 2023 | +2.15% | +1.85% | View data |
| 9 | 9 France | 198,320,000 | 2023 | +2.26% | +0.5% | View data |
| 10 | 10 Portugal | 179,680,000 | 2023 | +3.34% | +2.92% | View data |
