In 2023, Belgium dominated the European export of phthalic anhydride, terephthalic acid, and its salts, with Portugal and Poland following suit. Notably, substantial growth was observed in Lithuania's export share, which saw a 62.73% increase. Croatia and France also exhibited remarkable growth, although from lower bases. Economies like Greece and Italy, however, experienced declines. Belgium continues to be the primary contributor, but other countries, notably Lithuania, are rapidly increasing their share.
Looking forward, the European market may witness emerging growth in smaller players such as Lithuania and Croatia. Additionally, technological innovations, sustainable production methods, and the global demand for these chemicals are crucial trends likely to shape future export dynamics.
Top countries in Export of Phthalic Anhydride, Terephthalic Acid and Its Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 47.98 | 2023 | +5.91% | +5.62% | View data |
| 2 | 2 Portugal | 24.19 | 2023 | +3.74% | +17.27% | View data |
| 3 | 3 Poland | 20.09 | 2023 | +4.21% | +9.34% | View data |
| 4 | 4 Spain | 7.13 | 2023 | +20.52% | View data | |
| 5 | 5 Netherlands | 2.4 | 2023 | +18.44% | +10.61% | View data |
| 6 | 6 Austria | 1.58 | 2023 | +2.4% | +0.18% | View data |
| 7 | 7 Italy | 1.53 | 2023 | +1.95% | -1.51% | View data |
| 8 | 8 Germany | 1.15 | 2023 | +0.97% | +1.62% | View data |
| 9 | 9 Lithuania | 0.35 | 2023 | +3.44% | +62.73% | View data |
| 10 | 10 Greece | 0.019 | 2023 | +29.5% | -23.47% | View data |
