In 2023, China dominated the global export market of azelaic and sebacic acids, accounting for the largest volume at 61.501 million kilograms, with a small year-on-year growth of 2.89%. India and the United States followed, with exports reaching 7.63 and 5.9873 million kilograms respectively, showing moderate growth and slight decline in their export volumes. Notable European exporters included the Netherlands and France, with contrasting trends; the Netherlands experienced a decline of 4.81%, while France saw a positive growth of 5.39%.
Within other countries, there are significant variations, such as Latvia and Greece, which recorded remarkable growth rates of 8.52% and 23.73% respectively. Conversely, countries like Japan, Singapore, and South Korea experienced decreases in export volumes. The overall trend indicates a strong reliance on established exporters, with mixed signals from smaller markets.
Future trends to monitor include the increasing importance of sustainability and regulatory pressures on chemical exports, which could influence production and preference shifts towards bio-based alternatives. Additionally, technological advancements and diplomatic trade relations may affect the dynamics of global exports in this sector. Keeping an eye on emerging markets and shifts in raw material cost will be crucial for understanding the future landscape.
Top countries in Export of Azelaic Acid, Sebacic Acid by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 61,501,000 | 2023 | +2.57% | +2.89% | View data |
| 2 | 2 India | 7,630,000 | 2023 | +5.27% | +5.81% | View data |
| 3 | 3 United States | 5,987,300 | 2023 | +2.1% | +1.55% | View data |
| 4 | 4 Netherlands | 3,699,500 | 2023 | -4.66% | -4.81% | View data |
| 5 | 5 France | 3,041,700 | 2023 | +2.64% | +5.39% | View data |
| 6 | 6 Belgium | 2,950,600 | 2023 | +0.77% | +0.14% | View data |
| 7 | 7 Germany | 2,872,200 | 2023 | +1.88% | +4.73% | View data |
| 8 | 8 Italy | 1,262,200 | 2023 | +5.25% | +3.95% | View data |
| 9 | 9 Austria | 705,790 | 2023 | +6.63% | +1% | View data |
| 10 | 10 Spain | 614,040 | 2023 | +3.76% | +3.58% | View data |