In 2023, Belgium led the global import of vinyl acetate with a significant share, followed by China, Germany, and India. The United States showed a notable increase standing out among other countries with a 6.67% growth. South Korea and Italy also demonstrated positive growth, while Canada's share decreased by 0.96%. Several European nations like Poland and Switzerland saw declines. Denmark exhibited an exceptional rise with a 138.24% increase. On the other hand, countries like Belarus, Zimbabwe, and Namibia experienced substantial declines, with Namibia dropping significantly by 39.28%.
Looking ahead, the global vinyl acetate import market is expected to experience fluctuations influenced by economic conditions and environmental regulations. Countries like the United States and Denmark, with recent growth, could bolster their import shares, while those facing declines may need strategic interventions. Increased demand for adhesive and coatings applications could drive up imports, especially in emerging markets. Keeping close watch on industrial activities in major importing countries will be crucial for forecasting future trends.
Top countries in Import of Vinyl Acetate Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 25.01 | 2023 | +2.9% | +1.69% | View data |
| 2 | 2 China | 9.86 | 2023 | +1.92% | +0.29% | View data |
| 3 | 3 Germany | 9.42 | 2023 | +2.78% | +2.33% | View data |
| 4 | 4 India | 9.19 | 2023 | +3.87% | +2.63% | View data |
| 5 | 5 South Korea | 3.71 | 2023 | +4.2% | +3.93% | View data |
| 6 | 6 Italy | 3.69 | 2023 | +1.47% | -0.0096% | View data |
| 7 | 7 Mexico | 3.16 | 2023 | +2.84% | +3.02% | View data |
| 8 | 8 Spain | 2.92 | 2023 | +2.47% | +2.68% | View data |
| 9 | 9 United Kingdom | 2.89 | 2023 | +2.12% | +1.98% | View data |
| 10 | 10 Netherlands | 2.75 | 2023 | +1.9% | +1% | View data |
