In 2023, Germany held the largest share of European imports of salicylic acid and its salts with 29.45%. France and the Netherlands followed with 9.5% and 9.16%, respectively. Noteworthy year-on-year changes included Germany's increase of 2.28% and Belgium's significant growth of 10.86%. Latvia's imports surged by 96.46%, while Cyprus saw a decline of 34.56%. Over the last 5 years, the compound annual growth rate (CAGR) reveals variability in import shares among countries.
Looking ahead, key trends to monitor include the stability of Germany's dominance, the potential for growth in emerging markets, and the impact of policy changes in the EU affecting chemical imports.
Top countries in Import of Salicylic Acid and Its Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.45 | 2023 | +3.08% | +2.28% | View data |
| 2 | 2 France | 9.5 | 2023 | +9.56% | -1.75% | View data |
| 3 | 3 Netherlands | 9.16 | 2023 | +1.71% | -3.58% | View data |
| 4 | 4 Poland | 8.51 | 2023 | +3% | -6.13% | View data |
| 5 | 5 Sweden | 8.1 | 2023 | +2.31% | +0.87% | View data |
| 6 | 6 Denmark | 7.9 | 2023 | +2.84% | +1.67% | View data |
| 7 | 7 Italy | 7.55 | 2023 | -0.045% | -5.57% | View data |
| 8 | 8 Spain | 7.43 | 2023 | -2.6% | +0.15% | View data |
| 9 | 9 United Kingdom | 2.65 | 2023 | -8.65% | -6.89% | View data |
| 10 | 10 Belgium | 2.51 | 2023 | -4.41% | +10.86% | View data |
