The global polypropylene export landscape in 2023 highlights Saudi Arabia as the leading exporter, significantly surpassing other countries like South Korea and Germany. The top five countries account for a substantial share, with Saudi Arabia alone holding over a quarter of the market. Meanwhile, countries such as Belgium and the United States observed slight declines, contrasting with the robust growth seen in emerging markets like Russia, China, and Egypt. This indicates a shift towards increased production in these regions.
Future trends to watch include:
- Continued growth in Asian and Middle Eastern exports, driven by increased industrial capacity and investments.
- Potential impact of geopolitical developments on export dynamics such as sanctions or trade agreements.
- Sustainability demands and technological advances may affect production methods and market shares.
Top countries in Export of Polypropylene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 25.26 | 2023 | +3.29% | +2.88% | View data |
| 2 | 2 South Korea | 10.07 | 2023 | +2.89% | +2.29% | View data |
| 3 | 3 Germany | 6.98 | 2023 | +1.36% | +1.01% | View data |
| 4 | 4 Belgium | 6.47 | 2023 | +0.61% | -0.34% | View data |
| 5 | 5 United States | 6 | 2023 | -0.16% | -0.32% | View data |
| 6 | 6 Singapore | 5.87 | 2023 | +2.91% | +2.85% | View data |
| 7 | 7 Thailand | 3.16 | 2023 | +2.45% | +0.92% | View data |
| 8 | 8 India | 3.04 | 2023 | +1.08% | -1.35% | View data |
| 9 | 9 France | 2.89 | 2023 | -0.16% | -0.99% | View data |
| 10 | 10 Spain | 2.65 | 2023 | +1.8% | +0.72% | View data |
