The global export of carboxylic acids (phenol function only) in 2023 saw China leading, followed by South Korea and Switzerland. Notable increases were observed in Senegal and Macedonia, with the former marking a substantial 24.45% year-on-year growth. Leading exporters like South Korea and Switzerland grew, albeit at different rates, while countries like Japan and Germany experienced slight decreases. India had a positive growth at 0.9%.
Looking forward, emerging markets such as Senegal and Macedonia might see heightened activity. Watching shifts within key players like China for strategic adjustments, alongside monitoring fledging potential in smaller nations, will be crucial for understanding future trends in this sector.
Top countries in Export of Carboxylic Acids (Phenol Function Only) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 211,700,000 | 2023 | +2.75% | +1.88% | View data |
| 2 | 2 South Korea | 146,160,000 | 2023 | +2.74% | +3.39% | View data |
| 3 | 3 Switzerland | 81,961,000 | 2023 | -1.7% | +0.054% | View data |
| 4 | 4 Singapore | 78,468,000 | 2023 | +4.92% | +6.24% | View data |
| 5 | 5 United States | 63,034,000 | 2023 | +2.13% | +1.81% | View data |
| 6 | 6 Japan | 54,317,000 | 2023 | +0.05% | -0.45% | View data |
| 7 | 7 Belgium | 53,232,000 | 2023 | +2.33% | +0.58% | View data |
| 8 | 8 Germany | 46,768,000 | 2023 | +1.04% | -0.2% | View data |
| 9 | 9 Israel | 21,449,000 | 2023 | -0.76% | -0.18% | View data |
| 10 | 10 Netherlands | 15,730,000 | 2023 | +3.31% | +2.79% | View data |
