In 2023, the Netherlands led the global export market for expansible polystyrene, with its share increasing by 2.61%, followed by China and the United States, which also saw substantial growth rates. Notable growth was observed in Russia, which experienced a 3.73% increase. In contrast, South Korea and Malaysia experienced significant declines at -4.12% and -13.13%, respectively. Kuwait demonstrated extraordinary growth with a surge of 350.94%. Conversely, Jordan faced the steepest decline at -48.32%. These variations capture the dynamic shifts in the global export landscape.
Future trends to watch include the potential rise of exporting nations like Latvia and Oman, which are on a growth trajectory. The significant decline in countries like Jordan suggests potential for market realignment. Global economic factors, environmental concerns, and advancements in production technology are likely to shape the expansible polystyrene market as countries continue to redefine their export strategies.
Top countries in Export of Expansible Polystyrene Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 19.32 | 2023 | +2.53% | +2.61% | View data |
2 | 2 China | 16.84 | 2023 | +1.39% | +0.75% | View data |
3 | 3 France | 8.6 | 2023 | +0.29% | -0.33% | View data |
4 | 4 Belgium | 8.42 | 2023 | +1.97% | +1.06% | View data |
5 | 5 United States | 8.36 | 2023 | +1.78% | +2.09% | View data |
6 | 6 Mexico | 6.09 | 2023 | +2.16% | +0.74% | View data |
7 | 7 Canada | 5.08 | 2023 | +2.43% | +0.29% | View data |
8 | 8 South Korea | 5.03 | 2023 | -2.6% | -4.12% | View data |
9 | 9 Russia | 3 | 2023 | +4.34% | +3.73% | View data |
10 | 10 Czech Republic | 2.93 | 2023 | -2.77% | -7.65% | View data |