The global export market for benzoic acid showcases significant contributions from China, the Netherlands, and Estonia. In 2023, China led with a 2.71% increase, followed by the Netherlands at 1.66%. Notable declines include Japan at -11.31% and South Africa at -13.45%. Over five years, compound annual growth rates highlight fluctuating trends, with fast-growing areas like Estonia, while others, especially smaller exporters, experience variability.
Future trends to watch for include:
- China's expanding industrial capacity might influence future growth in global exports.
- European countries may adjust production due to environmental regulations, potentially affecting export figures.
- Economic shifts could impact countries experiencing decline, prompting strategic changes or investments in this sector.
Top countries in Export of Benzoic Acid by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 98,082,000 | 2023 | +3.03% | +2.71% | View data |
| 2 | 2 Netherlands | 95,389,000 | 2023 | +1.69% | +1.66% | View data |
| 3 | 3 Estonia | 31,877,000 | 2023 | +0.34% | -0.71% | View data |
| 4 | 4 France | 17,768,000 | 2023 | +4.01% | +5.53% | View data |
| 5 | 5 Germany | 16,419,000 | 2023 | +1.56% | +1.87% | View data |
| 6 | 6 United States | 16,317,000 | 2023 | -2.18% | -2.1% | View data |
| 7 | 7 Belgium | 10,665,000 | 2023 | +2.56% | +4.27% | View data |
| 8 | 8 Romania | 7,296,700 | 2023 | +4.11% | +5.13% | View data |
| 9 | 9 India | 3,513,600 | 2023 | +1.49% | +0.55% | View data |
| 10 | 10 Italy | 2,502,400 | 2023 | -2.4% | -3.19% | View data |
