The European import of Benzoic Acid in 2023 is led by Germany with 31.577 million kilograms, followed by Belgium at 23.092, and the Netherlands at 15.904. Germany experienced a slight growth of 0.73%, while Belgium saw significant growth at 6.14%. Conversely, Estonia and Cyprus saw sharp declines of 31.12% and 18.22% respectively. Austria experienced the highest growth rate at 7.85%. Over the last two years, Denmark and Malta also showed notable increases of 7.21% and 27.44% respectively. Notably, France and Luxembourg registered declines of 4.57% and 4.07% respectively.
Future trends to watch include potential shifts due to regulatory changes affecting chemical imports or modifications in industrial demand. Additionally, economic conditions may influence further variations in import volumes, especially in countries with dramatic current trends like Malta and Estonia. Monitoring trade policies within the EU and with external partners could also impact import levels across nations.
Top countries in Import of Benzoic Acid by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 31,577,000 | 2023 | +4.2% | +0.73% | View data |
2 | 2 Belgium | 23,092,000 | 2023 | +4.17% | +6.14% | View data |
3 | 3 Netherlands | 15,904,000 | 2023 | +6.19% | +0.25% | View data |
4 | 4 Italy | 15,183,000 | 2023 | +2.76% | -0.5% | View data |
5 | 5 France | 12,797,000 | 2023 | -5.89% | -4.57% | View data |
6 | 6 United Kingdom | 9,589,900 | 2023 | +1.46% | +2.3% | View data |
7 | 7 Denmark | 8,074,100 | 2023 | +4.67% | +7.21% | View data |
8 | 8 Spain | 6,978,800 | 2023 | +2.31% | +5.25% | View data |
9 | 9 Poland | 5,202,500 | 2023 | +1.76% | +1.08% | View data |
10 | 10 Luxembourg | 2,961,900 | 2023 | +28.67% | -4.07% | View data |