In 2023, Germany led the European exports of Methacrylic Acid and its salts with 58.7% share by volume, followed by Belgium at 37.1% and the Netherlands at 7.04%. Smaller contributors include Spain, Hungary, and Romania with shares below 0.15%. Year-on-year changes indicate a decrease for Germany (-3.03%) and Belgium (-1.86%), while the Netherlands saw a 9.63% increase. Austria and Denmark showed significant growth at 68.7% and 64.53%, respectively, highlighting their upward trajectory. Conversely, Romania and Poland experienced considerable declines of over 20%.
Future trends to watch include the continued rise of Austria and Denmark in this market, alongside potential shifts in trade policies impacting larger exporters like Germany and Belgium. Monitoring industry innovations and economic shifts within these countries may reveal further changes in export dynamics.
Top countries in Export of Methacrylic Acid and Its Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58.7 | 2023 | -3.12% | -3.03% | View data |
| 2 | 2 Belgium | 37.1 | 2023 | +4.29% | -1.86% | View data |
| 3 | 3 Netherlands | 7.04 | 2023 | +14.85% | +9.63% | View data |
| 4 | 4 Spain | 0.13 | 2023 | +25.24% | -4.75% | View data |
| 5 | 5 Hungary | 0.068 | 2023 | +6.02% | +4.14% | View data |
| 6 | 6 Romania | 0.027 | 2023 | +5.13% | -21.93% | View data |
| 7 | 7 Sweden | 0.025 | 2023 | +34.87% | View data | |
| 8 | 8 Austria | 0.023 | 2023 | +73.77% | +68.7% | View data |
| 9 | 9 France | 0.01 | 2023 | +3.13% | View data | |
| 10 | 10 Denmark | 0.006 | 2023 | +2.86% | +64.53% | View data |
