In 2023, Japan led the global market in the export of fluoro-polymers, slightly increasing its share by 3.15%. The U.S. and China followed, with China showing a robust growth rate of 4.49% year-on-year. Notably, emerging exporters like Austria and Israel exhibited significant annual growth rates of 8.92% and 14.23%, respectively. Downsides were seen in countries like Saudi Arabia and Sweden, with negative growth rates. Long-term growth trends reveal a volatile market, with countries like Romania and Croatia showing the highest increases, while Columbia and South Africa saw sharp declines.
For future trends, watch for China's continued expansion, which could further increase its market share. Also, observe potential growth from smaller markets like Romania and Israel, which may gain relevance if their upward trends persist. Additionally, fluctuations in global demand and production costs could significantly impact exporter shares.
Top countries in Export of Fluoro-Polymers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20.85 | 2023 | +2.77% | +3.15% | View data |
| 2 | 2 United States | 19.63 | 2023 | +2.63% | +2.52% | View data |
| 3 | 3 China | 14.37 | 2023 | +4.32% | +4.49% | View data |
| 4 | 4 Belgium | 12.27 | 2023 | +2.76% | +3.11% | View data |
| 5 | 5 Italy | 10.82 | 2023 | +3.2% | +3.09% | View data |
| 6 | 6 Germany | 8.58 | 2023 | +2.74% | +2.21% | View data |
| 7 | 7 Netherlands | 8.47 | 2023 | +0.64% | +0.94% | View data |
| 8 | 8 United Kingdom | 1.59 | 2023 | +3.7% | +3.43% | View data |
| 9 | 9 South Korea | 1.24 | 2023 | +4.25% | +4.23% | View data |
| 10 | 10 Saudi Arabia | 0.72 | 2023 | -4.11% | -1.26% | View data |
