China dominates the global export of salicylic acid and salts with a significant margin, leading with 28.148 million kilograms, reflective of a 3.21% year-on-year growth. India follows at 2.1511 million kilograms, growing by 3.5%. Europe shows mixed trends: Germany declines by 1.34%, while the Netherlands sees a notable increase of 33.37%. Among smaller exporters, Macedonia's exports have surged by over 100%. Over the years up to 2023, variations in CAGR suggest diversification in export dynamics, with countries like the UK and Spain experiencing subtle shifts.
Future trends to watch include potential market disruptions due to technological advancements, shifts towards sustainable sourcing, and geopolitical influences, especially impacting larger economies such as China and India. Emerging exporters like Macedonia may continue to rise if they sustain their growth momentum.
Top countries in Export of Salicylic Acid, Salts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28,148,000 | 2023 | +3.85% | +3.21% | View data |
| 2 | 2 India | 2,151,100 | 2023 | +3.35% | +3.5% | View data |
| 3 | 3 Brazil | 1,213,300 | 2023 | -22.33% | -15.13% | View data |
| 4 | 4 Germany | 936,330 | 2023 | -0.27% | -1.34% | View data |
| 5 | 5 Spain | 471,210 | 2023 | +3.83% | +4.57% | View data |
| 6 | 6 United Kingdom | 447,980 | 2023 | +0.34% | -1.58% | View data |
| 7 | 7 Netherlands | 447,300 | 2023 | +2.63% | +33.37% | View data |
| 8 | 8 United States | 426,720 | 2023 | -2.76% | -7.21% | View data |
| 9 | 9 Belgium | 106,340 | 2023 | -0.97% | -3.35% | View data |
| 10 | 10 United Arab Emirates | 92,120 | 2023 | +6.28% | +1.37% | View data |
