The United States remains the largest importer of mucilages and thickeners from locust bean and guar seeds, even though it witnessed a significant decrease of 10.04% from the previous year. Germany and Japan follow, with Germany experiencing a slight decline, while Japan saw a 1.91% increase. Other notable countries include Denmark and Russia, both showing positive growth trends. Meanwhile, Canada and Australia faced declines over the year. Emerging markets such as Poland, Saudi Arabia, and the Philippines are showing promising increases, indicating potential shifts in global demand.
Future trends to watch include the recovery of markets like the United States and the growth of Asian markets such as China and India. Additionally, the increasing application of guar and locust bean thickeners in various industries could further drive demand. Monitoring regulatory changes and sustainability concerns might influence import dynamics.
Top countries in Import of Mucilages and Thickeners from Locust Bean and Guar Seeds Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 31.56 | 2023 | -11.02% | -10.04% | View data |
| 2 | 2 Germany | 11.27 | 2023 | +1.09% | -0.72% | View data |
| 3 | 3 Japan | 5.98 | 2023 | +1.73% | +1.91% | View data |
| 4 | 4 China | 5.2 | 2023 | +1.65% | +0.8% | View data |
| 5 | 5 Russia | 4.78 | 2023 | +2.71% | +1.92% | View data |
| 6 | 6 Denmark | 4 | 2023 | +1.44% | +3.65% | View data |
| 7 | 7 Argentina | 3.63 | 2023 | +3.12% | +1.46% | View data |
| 8 | 8 Italy | 2.7 | 2023 | -1.64% | -3.08% | View data |
| 9 | 9 France | 2.57 | 2023 | -1.9% | -2.36% | View data |
| 10 | 10 Canada | 2.42 | 2023 | -7.87% | -10.03% | View data |