In 2023, South Korea and India led the global import market for 1-Chloro-2,3-Epoxypropane, collectively accounting for over 40% of total imports by value. Other significant importers included the Netherlands, United States, and Switzerland. Despite a challenging year, many countries like South Korea, India, and the United States experienced modest growth, whereas Switzerland, China, and Poland faced substantial declines. Notably, Denmark and Romania recorded substantial increases in import values. The Compound Annual Growth Rate (CAGR) over the previous five years indicates diverse trends, with some regions seeing significant fluctuations.
Looking ahead, substantial growth is expected amidst industrial development in emerging markets and potential shifts in global supply chains. Meanwhile, environmental regulations and sustainability concerns might influence long-term trade patterns. Key players in the market may shift focus towards maximizing efficiencies and exploring alternative innovations to optimize supply chain logistics.
Top countries in Import of 1-Chloro-2,3-Epoxypropane (Epichlorohy-Drin) Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 20.54 | 2023 | +3.72% | +1.46% | View data |
| 2 | 2 India | 20.06 | 2023 | +5.03% | +2.67% | View data |
| 3 | 3 Netherlands | 12.46 | 2023 | +1.99% | +3.69% | View data |
| 4 | 4 United States | 12.23 | 2023 | +4.19% | +2.72% | View data |
| 5 | 5 Switzerland | 6.77 | 2023 | -0.59% | -4.07% | View data |
| 6 | 6 Italy | 3.81 | 2023 | +0.019% | -1.88% | View data |
| 7 | 7 Brazil | 2.72 | 2023 | +0.55% | -0.8% | View data |
| 8 | 8 China | 2.58 | 2023 | -13.14% | -13.71% | View data |
| 9 | 9 France | 2.48 | 2023 | +1.62% | +0.99% | View data |
| 10 | 10 Germany | 1.97 | 2023 | -6.7% | -6.05% | View data |