As of 2023, Germany leads the global export market of Oxirane (Ethylene Oxide), holding a significant 44.63% share, followed by the Netherlands with 30.51% and Belgium with 12.67%. Other notable contributors, albeit substantially smaller, include Russia, Spain, and India. Between 2022 and 2023, Germany's exports grew by 1.4%, while the Netherlands saw a 1.66% increase. In contrast, the United States experienced a dramatic 36.46% decline. China's exports increased significantly by 6.2%, indicating a growing trend. Over the past five years, the Compounded Annual Growth Rate (CAGR) reveals varied country-specific growth trajectories.
Future trends to watch include potential shifts in regional export dynamics as countries like China continue to expand their market share aggressively. Germany and the Netherlands may invest in maintaining their positions, while emerging markets such as India could slowly increase their export volumes. This competitive landscape suggests potential changes in global trade patterns for Oxirane (Ethylene Oxide).
Top countries in Export of Oxirane (Ethylene Oxide) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.63 | 2023 | +1.09% | +1.4% | View data |
| 2 | 2 Netherlands | 30.51 | 2023 | +1.74% | +1.66% | View data |
| 3 | 3 Belgium | 12.67 | 2023 | +0.48% | -2.56% | View data |
| 4 | 4 Russia | 4.64 | 2023 | +2.11% | +3.09% | View data |
| 5 | 5 Spain | 2.66 | 2023 | +1.13% | +2.81% | View data |
| 6 | 6 India | 0.21 | 2023 | +3.37% | +2.78% | View data |
| 7 | 7 United States | 0.061 | 2023 | -64.97% | -36.46% | View data |
| 8 | 8 China | 0.06 | 2023 | +2.39% | +6.2% | View data |
| 9 | 9 South Korea | 0.026 | 2023 | -3.82% | -5.97% | View data |
| 10 | 10 Italy | 0.02 | 2023 | +4.44% | +4.59% | View data |
