In 2023, China led the import market for petroleum resins, polyterpenes, and polysulphides with an import value of 740.45 million USD, followed by Germany and the United States with 546.65 million USD and 524.93 million USD, respectively. Japan and Italy also featured prominently among the top importers. From 2022 to 2023, the market showed a steady increase, with China and Germany recording growth rates indicative of strong demand. Over the last five years, the compound annual growth rate (CAGR) reflects substantial market expansion across key players, emphasizing sustained global demand.
Future trends to watch include potential shifts in major importers due to geopolitical changes or economic realignments. Technological advancements and environmental regulations may influence demand patterns, while emerging markets could start to play a more significant role in the import landscape.
Top countries in Top Importers of Petroleum Resins, Polyterpenes, Polysulphides
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 740.45 | 2016 | |
| 2 | 2 Germany | 546.65 | 2016 | |
| 3 | 3 United States | 524.93 | 2016 | |
| 4 | 4 Japan | 333.28 | 2016 | |
| 5 | 5 Italy | 327.5 | 2016 | |
| 6 | 6 Belgium | 314.37 | 2016 | |
| 7 | 7 Hong Kong | 243.31 | 2016 | |
| 8 | 8 France | 229.89 | 2016 | |
| 9 | 9 Netherlands | 225.8 | 2016 | |
| 10 | 10 South Korea | 210.01 | 2016 |
