In 2023, Germany led the European export of benzene with 593.51 million kilograms despite a decline of 5.46% from the previous year. The United Kingdom followed closely, showing resilience with a 1.27% growth. Poland, with a notable 7.9% increase, indicates strong potential. Spain experienced a remarkable increase of 943.82%, suggesting a significant surge in export activity. Conversely, Belgium, Netherlands, Portugal, and France saw their benzene exports diminish completely by 2023, highlighting an industry shift or resource reallocation. Other countries experienced either minimal change or maintained negligible export levels.
Future trends to watch for include continued market adjustments as countries like Spain potentially expand their production capabilities. Moreover, the complete cessation of exports in countries like Belgium and others calls for strategic adjustments and possibly new entrants or reentry into the market due to potential demand fluctuations or supply chain innovations across the continent.
Top countries in Export of Benzene by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 593,510,000 | 2023 | +1.28% | -5.46% | View data |
2 | 2 United Kingdom | 519,290,000 | 2023 | +0.28% | +1.27% | View data |
3 | 3 Poland | 259,160,000 | 2023 | +3.32% | +7.9% | View data |
4 | 4 Belgium | 132,320,000 | 2023 | -33.78% | View data | |
5 | 5 Hungary | 127,730,000 | 2023 | +1.63% | -0.19% | View data |
6 | 6 Spain | 74,351,000 | 2023 | +12.16% | +943.82% | View data |
7 | 7 Slovakia | 52,648,000 | 2023 | +3.29% | +2.46% | View data |
8 | 8 Italy | 41,393,000 | 2023 | +10.34% | -4.57% | View data |
9 | 9 Romania | 35,228,000 | 2023 | +1.17% | +1.71% | View data |
10 | 10 Netherlands | 26,048,000 | 2023 | -48.87% | View data |