The United States leads the global export market of sodium hydroxide with a 42.73% share, seeing a year-on-year growth of 3.62% in 2023. China, Netherlands, and Belgium follow with significant shares, witnessing slight growth variations. Notable growths were in Spain, Greece, and Peru, reflecting expansions in export capacity or demand. Japan and some European players like Switzerland showed minor declines. Emerging markets such as India and Ivory Coast gained traction, indicating potential as new production or re-export hubs in the future.
Future trends to monitor include environmental regulations impacting production, market dynamics in emerging countries, and innovations in shipping and packaging technologies, forecasting increased global demand and competition for sodium hydroxide exports.
Top countries in Export of Sodium Hydroxide (Caustic Soda) in Aqueous Solution Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 42.73 | 2023 | +4.34% | +3.62% | View data |
| 2 | 2 China | 8.64 | 2023 | +2.21% | +1.74% | View data |
| 3 | 3 Netherlands | 8.51 | 2023 | +3.87% | +2.56% | View data |
| 4 | 4 Belgium | 7.86 | 2023 | +3.28% | +1.3% | View data |
| 5 | 5 Japan | 6.33 | 2023 | +2.86% | -0.86% | View data |
| 6 | 6 South Korea | 4.35 | 2023 | +3.18% | +3.37% | View data |
| 7 | 7 Saudi Arabia | 3.24 | 2023 | -1.13% | -0.7% | View data |
| 8 | 8 Russia | 2.58 | 2023 | +4.45% | +2.52% | View data |
| 9 | 9 Hungary | 2.35 | 2023 | +3.62% | +2.65% | View data |
| 10 | 10 Indonesia | 1.81 | 2023 | +5.35% | +4.19% | View data |
