The global export of sodium chlorate is dominated by Canada, with an overwhelming market share, despite a slight decrease of 1.39% in 2023. The United States and Italy, showing increases of 1.88% and 6.56% respectively, represent smaller portions of the market. Other countries like Spain, United Kingdom, and Austria see moderate growth. Noteworthy is China's notable decline by 9.71%, and significant reductions in Switzerland and Japan. While India shows a remarkable upturn by 26.89%, smaller markets like New Zealand and the UAE are gaining with positive growth percentages.
Future trends may include continued Canadian dominance, but watch for potential shifts driven by emerging markets such as India and fluctuating demand from China. Environmental regulations and technological advancements in sodium chlorate production may also impact global export dynamics.
Top countries in Export of Sodium Chlorate Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 80.95 | 2023 | -0.68% | -1.39% | View data |
| 2 | 2 United States | 7.32 | 2023 | +1.57% | +1.88% | View data |
| 3 | 3 Italy | 3.26 | 2023 | +5.53% | +6.56% | View data |
| 4 | 4 Spain | 2.25 | 2023 | -0.75% | +0.06% | View data |
| 5 | 5 China | 1.92 | 2023 | -15.68% | -9.71% | View data |
| 6 | 6 United Kingdom | 0.68 | 2023 | +4.51% | +4.77% | View data |
| 7 | 7 Austria | 0.33 | 2023 | +5.47% | +5.54% | View data |
| 8 | 8 Singapore | 0.32 | 2023 | -12.56% | -4.83% | View data |
| 9 | 9 Malaysia | 0.17 | 2023 | +6.28% | +2.48% | View data |
| 10 | 10 Belgium | 0.13 | 2023 | +1.11% | +1.37% | View data |
