In 2023, France dominated global imports of methacrylic acid and its salts, with Malaysia and China following closely. The largest growth year-on-year was observed in Paraguay, Bahrain, and Chile, indicating emerging market shifts. Conversely, Denmark and Japan faced significant declines, highlighting key market uncertainties.
Looking ahead, the focus will likely be on China's continued growth and the dynamic markets of the Middle East and South America, given their recent surge. Watch for potential market fluctuations based on geopolitical developments and shifts in regional industrial demands.
Top countries in Import of Methacrylic Acid and Its Salts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 12.75 | 2023 | +2.77% | +0.9% | View data |
| 2 | 2 Malaysia | 10.76 | 2023 | +4.05% | +2.35% | View data |
| 3 | 3 China | 10.13 | 2023 | +2.82% | +3.7% | View data |
| 4 | 4 Belgium | 9.11 | 2023 | +2.48% | +1.07% | View data |
| 5 | 5 India | 8.91 | 2023 | +4.08% | +2.97% | View data |
| 6 | 6 United Kingdom | 5.77 | 2023 | +2.5% | +1% | View data |
| 7 | 7 Brazil | 5.09 | 2023 | +3.22% | +1.63% | View data |
| 8 | 8 Spain | 4.14 | 2023 | +4.14% | +2.93% | View data |
| 9 | 9 Italy | 3.79 | 2023 | +1.02% | -0.62% | View data |
| 10 | 10 Netherlands | 3.43 | 2023 | +3.61% | +2.31% | View data |
