In 2023, China led the global export of unsaturated acyclic and cyclic monocarboxylic acid, followed by Germany and the United States. China, Brazil, and Saudi Arabia showed robust growth with year-on-year increases of 2.47%, 5.13%, and 2.78%, respectively. Conversely, France, Mexico, and Austria experienced significant declines of -11.59%, -11.35%, and -11.76%. Emerging markets like Ecuador, Chile, and Senegal stood out with notable growth rates, indicating potential future expansion in these regions.
Future trends to watch include:
- The continued leadership of China, possibly influenced by shifts in global industrial demand and strategic investments.
- Potential for emerging markets to become significant players, driven by rising industrial capabilities and strategic trade partnerships.
- Geopolitical factors and environmental regulations impacting production and trade dynamics globally.
Top countries in Export of Unsaturated Acyclic and Cyclic Monocarboxylc Acid by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,136,500,000 | 2023 | +3.41% | +2.47% | View data |
| 2 | 2 Germany | 1,189,100,000 | 2023 | +0.55% | -0.17% | View data |
| 3 | 3 United States | 1,068,500,000 | 2023 | +0.17% | -0.46% | View data |
| 4 | 4 Belgium | 1,005,800,000 | 2023 | +1.59% | +0.49% | View data |
| 5 | 5 Japan | 721,590,000 | 2023 | +0.89% | -0.23% | View data |
| 6 | 6 Saudi Arabia | 598,610,000 | 2023 | +6.02% | +2.78% | View data |
| 7 | 7 South Korea | 514,740,000 | 2023 | +2.72% | +2.14% | View data |
| 8 | 8 Thailand | 445,560,000 | 2023 | +3.95% | +4.27% | View data |
| 9 | 9 Netherlands | 438,360,000 | 2023 | +2.12% | +0.84% | View data |
| 10 | 10 Singapore | 415,490,000 | 2023 | +0.89% | +0.5% | View data |
