In 2023, Japan led the global export of M-Xylene with exports valued at $131.15 million, despite a decrease of 1.9% from the previous year. The United States followed with $28.946 million, experiencing a significant decline of 13.65%. The Netherlands, United Arab Emirates, and the United Kingdom saw modest growth, with increases of 5.48%, 1.37%, and 1.91% respectively. Conversely, exports from Switzerland and Czech Republic fell sharply, with Switzerland experiencing a 27.66% drop and the Czech Republic declining by 6.36%. Over the last five years, these countries have shown varied trends, indicating a dynamic market landscape.
Looking forward, factors influencing M-Xylene exports include global demand shifts, technological advancements in production, and evolving trade policies. Countries diversifying their chemical production capabilities and adapting to environmental regulations may experience fluctuations in export volumes. Additionally, economic relationships and trade agreements will play crucial roles in shaping future growth and competition among export leaders.
Top countries in Export of M-Xylene by Country
# | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Japan | 131,150,000 | 2023 | +4.75% | -1.9% | View data |
2 | 2 United States | 28,946,000 | 2023 | -10.52% | -13.65% | View data |
3 | 3 Netherlands | 6,073,100 | 2023 | +4.81% | +5.48% | View data |
4 | 4 United Arab Emirates | 643,600 | 2023 | +6.54% | +1.37% | View data |
5 | 5 South Africa | 118,710 | 2023 | +4.5% | -1.84% | View data |
6 | 6 United Kingdom | 23,870 | 2023 | -0.98% | +1.91% | View data |
7 | 7 Switzerland | 9,100 | 2023 | -48.79% | -27.66% | View data |
8 | 8 Czech Republic | 18 | 2023 | -30.77% | -6.36% | View data |