In 2023, China led the global export of Thiophosphoric Esters, contributing 21.06 million kilograms. India and Japan followed with 4.0389 and 2.3012 million kilograms, respectively. Notably, Chile saw the highest growth rate at 23.17%, while Peru experienced the most significant decline at 9.74%. In general, Asian countries like China and India maintained stable growth, reflecting strong industrial activities, while European nations such as the Netherlands and Belgium faced declines.
Looking ahead, the global export market for Thiophosphoric Esters is poised for significant shifts. Key trends to monitor include:
- The continued dominance and expansion of China and India, driven by their manufacturing capacities.
- Potential recovery in European exports, contingent on green policies and economic stability.
- Emerging markets like Poland showing promising growth potential, potentially increasing their market share.
Top countries in Export of Thiophosphoric Esters (Phosphorothioates) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,060,000 | 2023 | +3.02% | +2.46% | View data |
| 2 | 2 India | 4,038,900 | 2023 | +4.79% | +2.21% | View data |
| 3 | 3 Japan | 2,301,200 | 2023 | +2.11% | +7.64% | View data |
| 4 | 4 United States | 1,757,500 | 2023 | -9.9% | +4.05% | View data |
| 5 | 5 Thailand | 1,493,900 | 2023 | +6.42% | +1.84% | View data |
| 6 | 6 Chile | 496,320 | 2023 | +4.84% | +23.17% | View data |
| 7 | 7 Netherlands | 188,130 | 2023 | +0.17% | -3.8% | View data |
| 8 | 8 Belgium | 171,610 | 2023 | -2.63% | -4.96% | View data |
| 9 | 9 South Africa | 46,270 | 2023 | +3.07% | -3.86% | View data |
| 10 | 10 Canada | 20,140 | 2023 | +5.27% | +2.08% | View data |
