In 2023, Germany led global imports in supported catalysts with precious metal or precious metal compounds as the active substance, followed by Mexico and China. Notable growth rates were observed in Singapore, Oman, and Malaysia. Several countries, like the United States, experienced decline, reflecting volatility in North American markets. European countries maintained a steady growth rate, suggesting a stable demand.
Future trends to watch include:
- Increasing demand for green technologies may drive up imports from Asia, especially South Korea and Japan.
- Europe's regulatory focus on reducing emissions is expected to sustain import growth.
- Fluctuations in precious metal prices could significantly impact import volumes across countries.
Top countries in Import of Supported Catalysts with Precious Metal or Precious Metal Compounds as the Active Substance Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.7 | 2023 | +3.16% | +2.28% | View data |
| 2 | 2 Mexico | 13.37 | 2023 | +4.23% | +3.62% | View data |
| 3 | 3 China | 8.83 | 2023 | +3.61% | +2.05% | View data |
| 4 | 4 Portugal | 7.59 | 2023 | +5.53% | +3.95% | View data |
| 5 | 5 Czech Republic | 5.51 | 2023 | +3.59% | +3.55% | View data |
| 6 | 6 Poland | 4.11 | 2023 | +5.26% | +7.19% | View data |
| 7 | 7 Italy | 3.79 | 2023 | +4.55% | +3.84% | View data |
| 8 | 8 United States | 3.67 | 2023 | -0.11% | -1.36% | View data |
| 9 | 9 South Korea | 3.58 | 2023 | +3.5% | +3.12% | View data |
| 10 | 10 Japan | 3.52 | 2023 | -0.12% | +0.89% | View data |
