In 2023, the global import landscape for Organic Derivatives of Hydrazine or Hydroxylamine was dynamic, with Brazil leading at $308.88 million, followed by Germany ($203.43 million) and the United States ($183.41 million). Brazil saw a year-on-year increase of 3.31%, while Switzerland and China experienced significant growth at 14.38% and 8.26%, respectively. In contrast, Japan and the United Arab Emirates faced declines of 5.31% and 4.98%, respectively. Over the past two years, most countries observed modest positive growth, with exceptions like New Zealand (-17.32%) and Moldova (4.5%).
Future trends to watch for include continued strong performance in emerging markets like Nigeria, which saw a striking 33.76% increase. Additionally, keep an eye on smaller markets such as Montenegro and Armenia, which both experienced significant growth of 18.91% and 42.95%, respectively. However, markets like Estonia and Mongolia displayed worrying trends with considerable declines. These shifts indicate potential market realignments and emerging opportunities or risks in the global trade of these chemicals.
Top countries in Import of Organic Derivatives of Hydrazine or of Hydroxylamine by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Brazil | 308,880,000 | 2023 | +3.15% | +3.31% | View data |
2 | 2 Germany | 203,430,000 | 2023 | +1.73% | +0.49% | View data |
3 | 3 United States | 183,410,000 | 2023 | +2.25% | +2.5% | View data |
4 | 4 Switzerland | 143,660,000 | 2023 | +2.29% | +14.38% | View data |
5 | 5 Italy | 138,030,000 | 2023 | +2.21% | +1.94% | View data |
6 | 6 France | 87,628,000 | 2023 | +2.72% | +2.1% | View data |
7 | 7 China | 78,952,000 | 2023 | +3.68% | +8.26% | View data |
8 | 8 India | 52,552,000 | 2023 | +4.26% | +3.58% | View data |
9 | 9 Spain | 44,782,000 | 2023 | +0.7% | +0.51% | View data |
10 | 10 South Korea | 37,689,000 | 2023 | +3.94% | +2.99% | View data |