In 2023, Germany and South Korea led the global export market for Dimethyl Terephthalate, accounting for the largest export values, despite a decline of 2.44% for Germany and a growth of 3.62% for South Korea. China showed a slight decrease in export value by 2.48%, while the United Kingdom and Spain experienced modest increases of 1.9% and 1.34%, respectively. Switzerland saw a 1.94% decline and India showed the most significant drop, at 7.09%.
Future trends to watch:
- Potential growth momentum in South Korea possibly leading to further increased market share.
- Stabilization or recovery attempts from China and Germany due to previous declines.
- Strategic market shifts from smaller players like the United Kingdom and Spain, focusing on value improvement.
Top countries in Export of Dimethyl Terephthalate Share by Country (US Dollars)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.39 | 2023 | -1.53% | -2.44% | View data |
| 2 | 2 South Korea | 45.02 | 2023 | +3.78% | +3.62% | View data |
| 3 | 3 China | 0.073 | 2023 | -0.25% | -2.48% | View data |
| 4 | 4 United Kingdom | 0.051 | 2023 | +5.48% | +1.9% | View data |
| 5 | 5 Spain | 0.024 | 2023 | +6.46% | +1.34% | View data |
| 6 | 6 Switzerland | 0.008 | 2023 | -0.088% | -1.94% | View data |
| 7 | 7 India | 0.001 | 2023 | -1.47% | -7.09% | View data |
