China dominates the global oxalic acid export market with a share of 74.62%, followed by India at 11.84%. While China’s exports grew by 1.91% year-on-year, India saw a higher increase at 2.96%. Countries like Slovenia and Croatia had significant growth at 192.6% and 45.8% respectively, whereas Saudi Arabia and Ukraine witnessed declines of -18.63% and -72.41%. Belgium's exports spiked by 17.97%, reflecting substantial growth potential. These variations highlight diversified export dynamics observed in smaller markets from 2023 data.
Future trends to watch include potential shifts in export shares due to emerging market demands and production policies, innovations in usage, and sustainability concerns. Watch for Asian markets like India and South Korea leveraging lower production costs to grow further. Additionally, monitor economic policies that might affect trade balances and shift the export landscape. These factors could alter the competitive edge across traditional and emerging exporters.
Top countries in Export of Oxalic Acid Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 74.62 | 2023 | +3.44% | +1.91% | View data |
| 2 | 2 India | 11.84 | 2023 | +2.5% | +2.96% | View data |
| 3 | 3 South Korea | 1.57 | 2023 | +3.31% | +1.71% | View data |
| 4 | 4 Belgium | 0.78 | 2023 | -2.29% | +17.97% | View data |
| 5 | 5 United Kingdom | 0.76 | 2023 | +2.02% | +0.91% | View data |
| 6 | 6 Italy | 0.61 | 2023 | +1.67% | +2.89% | View data |
| 7 | 7 Czech Republic | 0.54 | 2023 | -9.98% | -8.85% | View data |
| 8 | 8 Netherlands | 0.52 | 2023 | -1.04% | -0.69% | View data |
| 9 | 9 United States | 0.48 | 2023 | -0.92% | -1.39% | View data |
| 10 | 10 Slovenia | 0.28 | 2023 | +4.51% | +192.6% | View data |
