In 2023, the Netherlands led European imports of aromatic polycarboxylic acids and related derivatives, followed by Italy and Belgium. Notably, Luxembourg and Poland showed significant growth, with Luxembourg experiencing a 15.32% increase and Poland a 7.1% increase. Contrarily, Belgium and Denmark saw declines of 4.43% and 4.48%, respectively. Ireland marked the highest increase with 22.05%, while Finland experienced the largest decrease at 8.57%. Over the past five years, the compound annual growth rate (CAGR) reveals overall positive but moderate growth, reflecting diverse dynamics across countries, impacted by demand shifts and economic conditions.
Future trends to watch include the increasing focus on sustainable chemical production and potential regulatory changes impacting the import dynamics across Europe. Additionally, the evolving trade relations within the EU and external partners could influence import volumes and competition among countries. Monitoring technological advancements and shifts in industrial applications for these chemicals will also be crucial in predicting future market directions.
Top countries in Import of Aromatic Polycarboxylic Acids, Their Anhydrides, Halides, Peroxides, Peroxyacids and Their Derivatives by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 117,900,000 | 2023 | -2% | +4.15% | View data |
| 2 | 2 Italy | 100,130,000 | 2023 | +4.56% | +3.63% | View data |
| 3 | 3 Belgium | 61,638,000 | 2023 | -0.18% | -4.43% | View data |
| 4 | 4 Luxembourg | 57,276,000 | 2023 | +9.84% | +15.32% | View data |
| 5 | 5 France | 38,948,000 | 2023 | +2.8% | +4.12% | View data |
| 6 | 6 Germany | 37,216,000 | 2023 | -3.71% | -0.46% | View data |
| 7 | 7 Spain | 31,085,000 | 2023 | +1.04% | +0.62% | View data |
| 8 | 8 United Kingdom | 29,615,000 | 2023 | +2.23% | -0.44% | View data |
| 9 | 9 Poland | 26,483,000 | 2023 | +4.39% | +7.1% | View data |
| 10 | 10 Portugal | 15,113,000 | 2023 | +4.67% | +2.37% | View data |