The global export of carboxylic acids with an alcohol function shows China's dominance with a significant lead, followed by Japan and Italy. Among the top exporters, China and India experienced notable growth, reinforcing their positions, while Germany saw a decline. Emerging markets like Greece and Eastern European countries showed significant year-on-year growth, hinting at potential new players in the market. Conversely, countries like Belgium and Romania experienced significant declines impacting overall export contributions.
Trends to watch include the potential for new market entrants driven by growth in Eastern Europe and recovery in declining markets like Germany. Investments in sustainable and efficient production processes will likely influence future market shares.
Top countries in Export of Carboxylic Acids (Alcohol Function Only) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28,563,000 | 2023 | +3.7% | +4.12% | View data |
| 2 | 2 Japan | 17,744,000 | 2023 | +3.13% | +2.83% | View data |
| 3 | 3 Italy | 15,956,000 | 2023 | +1.95% | +1.83% | View data |
| 4 | 4 United States | 14,669,000 | 2023 | +0.83% | +1.4% | View data |
| 5 | 5 Canada | 14,647,000 | 2023 | +1.68% | +2.28% | View data |
| 6 | 6 South Africa | 7,485,400 | 2023 | +1.73% | +1.22% | View data |
| 7 | 7 India | 6,678,300 | 2023 | +5.31% | +5.35% | View data |
| 8 | 8 Germany | 5,897,900 | 2023 | -1.05% | -1.51% | View data |
| 9 | 9 Netherlands | 3,876,300 | 2023 | +1.38% | +2.16% | View data |
| 10 | 10 Brazil | 3,094,300 | 2023 | +2.17% | +2.1% | View data |
