As of 2023, China dominated the global export market of Streptomycins, holding a remarkable share of 76.92% by kilograms, an increase of 2.28% from the previous year. The United Kingdom follows as a distant second with 16.66%, experiencing a growth of 4.39%. On the contrary, the Netherlands and South Africa saw declines in their shares by 1.23% and 8.29%, respectively. Singapore and Greece, despite their smaller shares, showed significant annual growth of 32.58% and 27.23%. Switzerland experienced the most notable drop, with a decrease of 38.53% year-on-year.
The forecast for 2024 suggests notable trends to monitor:
- China's strong lead as the principal exporter is expected to continue, supported by their industrial capacity.
- The UK's consistent growth indicates a potential strengthening of its position in the export market.
- Emerging markets like Singapore and Greece might expand further if their growth trends continue.
- Countries with declining shares, such as Switzerland, may need strategic adjustments to regain competitiveness.
Top countries in Export of Streptomycins Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76.92 | 2023 | +0.97% | +2.28% | View data |
| 2 | 2 United Kingdom | 16.66 | 2023 | +4.67% | +4.39% | View data |
| 3 | 3 Netherlands | 4.57 | 2023 | -0.41% | -1.23% | View data |
| 4 | 4 Belgium | 0.57 | 2023 | -0.19% | +1.87% | View data |
| 5 | 5 Spain | 0.48 | 2023 | +1.95% | -0.12% | View data |
| 6 | 6 Austria | 0.4 | 2023 | +5.07% | +5.49% | View data |
| 7 | 7 Singapore | 0.074 | 2023 | -10.48% | +32.58% | View data |
| 8 | 8 South Africa | 0.028 | 2023 | -6.54% | -8.29% | View data |
| 9 | 9 Portugal | 0.017 | 2023 | -0.27% | -3.4% | View data |
| 10 | 10 Lithuania | 0.008 | 2023 | -11.57% | +0.21% | View data |
