The global citric acid export market continues to be dominated by China, holding a substantial lead with nearly 68% share, followed by Thailand and the Netherlands. Notable growth over the last year was observed in Lebanon at 12.49%, Greece at 13.91%, and Morocco at 13.29%. Conversely, the United Kingdom and Brazil experienced significant declines, with -23.89% and -14.19% respectively. The CAGR over the past five years suggests robust growth in emerging markets while mature markets see fluctuations.
Future trends to watch include China's continued dominance amid rising competition. Growth opportunities may emerge in regions such as Africa and South America due to increasing demand, but geopolitical factors and environmental regulations could affect export landscapes.
Top countries in Export of Citric Acid Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 67.84 | 2023 | +1.9% | +2.52% | View data |
| 2 | 2 Thailand | 10.51 | 2023 | +4.53% | +5.22% | View data |
| 3 | 3 Netherlands | 3.66 | 2023 | +3.53% | +6.38% | View data |
| 4 | 4 Germany | 3.46 | 2023 | +1.3% | +0.81% | View data |
| 5 | 5 United States | 2.55 | 2023 | -2.91% | -2.81% | View data |
| 6 | 6 Colombia | 1.92 | 2023 | -0.93% | +0.73% | View data |
| 7 | 7 Poland | 1.62 | 2023 | +3.86% | +0.47% | View data |
| 8 | 8 Singapore | 1.25 | 2023 | +2.63% | +1.9% | View data |
| 9 | 9 Slovenia | 1.03 | 2023 | +3.03% | +2.15% | View data |
| 10 | 10 Ireland | 0.84 | 2023 | -10.08% | -8.79% | View data |
