The European production of Benzoic Acid in 2023 showed significant variations across countries. Estonia led the production with 63.01 million kilograms, experiencing a slight growth of 4.34% from the previous year. In contrast, Germany's output significantly diminished by 27.56%. Other countries like Italy saw a substantial increase of 26.5%, whereas Spain and Poland recorded a complete cessation of production, declining by 100%. The remaining countries like Romania, United Kingdom, Denmark, and Sweden reported no change in their production volumes.
Future trends to watch include the potential recovery or further decline in Germany's production levels, consistent growth in Italy, and whether Estonia will maintain its leading position. The overall European production landscape might witness shifts based on environmental regulations, technological advancements, and shifting demands in the global market for Benzoic Acid.
Top countries in Production of Benzoic Acid by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 63,010,000 | 2023 | +4.7% | +4.34% | View data |
| 2 | 2 Germany | 2,426,200 | 2023 | +0.092% | -27.56% | View data |
| 3 | 3 Italy | 1,169,300 | 2023 | -35.4% | +26.5% | View data |
| 4 | 4 Romania | 795,970 | 2023 | -31.79% | View data | |
| 5 | 5 United Kingdom | 86,690 | 2023 | -27.31% | View data | |
| 6 | 6 Spain | 72,280 | 2023 | -17.83% | View data | |
| 7 | 7 Denmark | 4,680 | 2023 | -31.09% | View data | |
| 8 | 8 Sweden | 2,290 | 2023 | View data | ||
| 9 | 9 Poland | 934 | 2023 | -68.3% | View data |
