In 2023, Saudi Arabia significantly dominated the global export market of Monobutyl Ethers of Ethylene and Diethylene Glycol with a massive share, followed by the United States and South Korea. Notable decreases in exports were observed in countries such as Japan and the United Kingdom, while countries like Spain, India, and Denmark experienced positive growth, suggesting shifts in market dynamics. Interestingly, Oman and Luxembourg recorded substantial year-on-year growth, albeit with smaller total contributions.
Looking forward, emerging markets such as India and Spain are likely to see increasing shares due to favorable growth percentages. The continuing trend of technological advancements and shifts in regulatory policies may significantly impact supply and demand fluctuations within the industry.
Top countries in Export of Monobutyl Ethers of Ethylene and Diethylene Glycol Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 86.06 | 2023 | +4.22% | +4% | View data |
| 2 | 2 United States | 3.54 | 2023 | -1.5% | -1.03% | View data |
| 3 | 3 South Korea | 1.95 | 2023 | +3.57% | +4.94% | View data |
| 4 | 4 Germany | 1.51 | 2023 | -2.22% | -1.63% | View data |
| 5 | 5 Malaysia | 1.23 | 2023 | +0.49% | -1.25% | View data |
| 6 | 6 Belgium | 0.94 | 2023 | +0.21% | -0.72% | View data |
| 7 | 7 Singapore | 0.73 | 2023 | +4.71% | +1.56% | View data |
| 8 | 8 United Arab Emirates | 0.63 | 2023 | +3.14% | +0.26% | View data |
| 9 | 9 India | 0.16 | 2023 | +3.49% | +4.69% | View data |
| 10 | 10 Netherlands | 0.12 | 2023 | -22.79% | -16.31% | View data |
