In 2023, Spain (37.86%) and South Korea (37.84%) dominated global M-Xylene imports with marginal growth rates of 0.71% and 5.98% respectively. China stood at 10.58%, showing modest growth of 0.3%. Notably, Saudi Arabia (12.68%) and Qatar (14.63%) observed significant increases. Smaller countries such as Chile saw dramatic variations, with a 63.8% increase, while Australia faced a considerable decline of -29.99%. Emerging markets like Estonia showcased strong growth at 24.08%, while declines were seen in Poland (-6.25%) and South Africa (-4.71%).
Future Trends to Watch: The global import landscape for M-Xylene is likely to experience shifts due to geopolitical dynamics, sustainable production practices, and advancements in chemical manufacturing technology. Countries like Taiwan and Vietnam may emerge as significant players in this market. Close monitoring of environmental regulations and alternative chemical developments will be crucial for future trend forecasting.
Top countries in Import of M-Xylene Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 37.86 | 2023 | +4.97% | +0.71% | View data |
2 | 2 South Korea | 37.84 | 2023 | +5.54% | +5.98% | View data |
3 | 3 China | 10.58 | 2023 | +4.14% | +0.3% | View data |
4 | 4 United States | 3.93 | 2023 | -1.51% | +2.04% | View data |
5 | 5 India | 1.29 | 2023 | -0.11% | -1.73% | View data |
6 | 6 Jordan | 0.57 | 2023 | +6.59% | +1.81% | View data |
7 | 7 Denmark | 0.26 | 2023 | +5.49% | +10.18% | View data |
8 | 8 Saudi Arabia | 0.21 | 2023 | +0.57% | +12.68% | View data |
9 | 9 Uganda | 0.045 | 2023 | +6% | +3.7% | View data |
10 | 10 Costa Rica | 0.041 | 2023 | +5.05% | +10.19% | View data |