In 2023, Germany led the global export of amino-resins, phenolic resins, and polyurethanes, with notable exports also from China and Belgium. Year-on-year variations showed diverse trends, with China and Hungary experiencing significant growth, while countries like Japan and Switzerland faced declines. The past five years have exhibited a compound annual growth rate (CAGR) varying widely among nations, reflecting different dynamics in production capacity and demand.
Future trends to monitor include increasing demand for sustainable and bio-based resins, driven by environmental regulations, and potential shifts in global supply chains due to geopolitical factors and technological advancements in manufacturing processes.
Top countries in Export of Amino-Resins, Pheonolic Resins, Polyurethanes by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 3,573,700,000 | 2023 | +2.39% | +2.32% | View data |
2 | 2 China | 2,650,800,000 | 2023 | +4.62% | +4.49% | View data |
3 | 3 Belgium | 2,032,800,000 | 2023 | +2.48% | +1.9% | View data |
4 | 4 United States | 1,911,900,000 | 2023 | +1.64% | +1.66% | View data |
5 | 5 Netherlands | 1,600,300,000 | 2023 | +3.28% | +3.49% | View data |
6 | 6 South Korea | 1,279,600,000 | 2023 | +4.08% | +4.02% | View data |
7 | 7 Italy | 888,600,000 | 2023 | +1.51% | +1.03% | View data |
8 | 8 Japan | 883,670,000 | 2023 | +1.27% | -1.21% | View data |
9 | 9 Spain | 613,920,000 | 2023 | +1.85% | +2.43% | View data |
10 | 10 Hungary | 527,850,000 | 2023 | +3.74% | +4.25% | View data |