In 2023, South Korea led the global export market for Ethylene-Vinyl Acetate Copolymers, maintaining the largest share and showing a robust year-on-year increase. The United States and Saudi Arabia followed, with Saudi Arabia experiencing a significant positive growth. European countries like Belgium and Germany held substantial portions of the market, though with moderate growth rates. Notable gains were observed in Poland, Hungary, and El Salvador, the latter reflecting an extraordinary increase. Canada and Brazil faced declines. This scenario highlights dynamic shifts in market shares driven by geopolitical and economic factors.
Looking forward to 2024, the market is expected to evolve, influenced by technological advancements and sustainability efforts. Continued growth is anticipated for emerging exporters, potentially reshaping competitive dynamics. Robust demand in Asia and eco-friendly shifts may influence trade patterns, creating opportunities for innovative producers.
Top countries in Export of Ethylene-Vinyl Acetate Copolymers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 29.73 | 2023 | +3.7% | +4.27% | View data |
| 2 | 2 United States | 10.37 | 2023 | +1.34% | +1.18% | View data |
| 3 | 3 Saudi Arabia | 9.4 | 2023 | +5.75% | +5.71% | View data |
| 4 | 4 Belgium | 9.29 | 2023 | -0.12% | +0.043% | View data |
| 5 | 5 Germany | 5.04 | 2023 | +0.98% | +1.61% | View data |
| 6 | 6 France | 4.7 | 2023 | +0.33% | +2.66% | View data |
| 7 | 7 Thailand | 4.46 | 2023 | +2.77% | +2.11% | View data |
| 8 | 8 Singapore | 4.46 | 2023 | +2.37% | +1.83% | View data |
| 9 | 9 Italy | 4.2 | 2023 | +3.68% | +3.69% | View data |
| 10 | 10 Spain | 3.91 | 2023 | +1.41% | +0.55% | View data |