In 2023, Belgium led the European export of aromatic polycarboxylic and carboxylic acids with additional oxygen functions by a significant margin, demonstrating a solid year-on-year growth of 4.53%. The Netherlands and Portugal followed, with the latter experiencing a notable increase of 18.25%. Conversely, Spain, Ireland, and Finland saw declines of 4.99%, 4.84%, and 39.12% respectively. Over the last five years, trends reveal Belgium, Portugal, and the Netherlands as key growth areas while other countries show mixed results.
Future trends to watch include:
- Belgium maintaining its leading position through innovation and efficiency.
- Portugal's growth potential due to its strong recent performance.
- Monitoring Spain and Finland's strategies for reversing current declines.
- Environmental regulations influencing production and export dynamics across Europe.
Top countries in Export of Aromatic Polycarboxylic and Carboxylic Acids with Additional Oxygen Functions Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 32.49 | 2023 | +5.84% | +4.53% | View data |
| 2 | 2 Netherlands | 15.15 | 2023 | +2.39% | +1.3% | View data |
| 3 | 3 Portugal | 14.15 | 2023 | +8.08% | +18.25% | View data |
| 4 | 4 Poland | 12.17 | 2023 | +3.27% | +5.72% | View data |
| 5 | 5 Germany | 10.46 | 2023 | +0.61% | +3.03% | View data |
| 6 | 6 Spain | 6.86 | 2023 | +0.81% | -4.99% | View data |
| 7 | 7 Italy | 2.99 | 2023 | +0.35% | -0.84% | View data |
| 8 | 8 France | 2.59 | 2023 | +1.28% | +3.75% | View data |
| 9 | 9 Austria | 0.93 | 2023 | -0.73% | -2.58% | View data |
| 10 | 10 Slovenia | 0.26 | 2023 | -0.77% | -1.3% | View data |
