In 2023, Belgium led global phenol exports, contributing significantly in value, while South Korea and Thailand followed. The U.S. experienced a decline, whereas countries like Indonesia and India showed substantial growth. European exporters like Finland and the Netherlands remained stable, while Russia saw a drop. Japan had significant losses, whereas emerging markets like Senegal saw sizable growth. Over the last five years, export values have fluctuated, impacted by global economic conditions and demand-supply dynamics.
Future trends to watch include the impact of global industrial activity on phenol demand, regional trade agreements, and environmental regulations influencing production. Watch for shifts towards more environmentally sustainable production methods and markets. Additionally, emerging markets may continue to influence demand patterns, with potential shifts in major exporting countries' rankings shaping the global phenol landscape.
Top countries in Export of Phenol (Hdroxybenzene) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 731,180,000 | 2023 | +0.97% | +0.39% | View data |
| 2 | 2 South Korea | 625,210,000 | 2023 | +4.78% | +2.49% | View data |
| 3 | 3 Thailand | 313,710,000 | 2023 | +4.75% | +1.85% | View data |
| 4 | 4 United States | 279,780,000 | 2023 | -3.99% | -4.47% | View data |
| 5 | 5 Finland | 168,830,000 | 2023 | +0.37% | +0.21% | View data |
| 6 | 6 Netherlands | 146,210,000 | 2023 | +3.33% | +4.11% | View data |
| 7 | 7 Singapore | 130,840,000 | 2023 | +2.07% | +2.48% | View data |
| 8 | 8 China | 71,372,000 | 2023 | +3.48% | +3.95% | View data |
| 9 | 9 South Africa | 41,328,000 | 2023 | +2.19% | +0.55% | View data |
| 10 | 10 Brazil | 40,473,000 | 2023 | +2.64% | -0.99% | View data |
