As of 2023, China dominates the global export of gluconic acid, accounting for 90.95% of the market, followed by France and the United States with 2.71% and 1.79% respectively. Notable year-on-year export growth was observed in Slovenia (58.43%), Indonesia (178.32%), and El Salvador (58.08%). On the contrary, Ireland, Austria, and Belarus experienced significant declines in their export shares. Overall, there has been a diversification in export dynamics with countries like Slovenia and Indonesia significantly increasing their market presence.
Future trends to watch involve potential shifts in the market as emerging countries continue to grow their export capabilities. An increase in environmental concerns and technological advancements may also impact the production and export patterns of gluconic acid globally, leading to changes in market leadership and export shares across countries.
Top countries in Export of Gluconic Acid Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 90.95 | 2023 | +3.81% | +4.37% | View data |
| 2 | 2 France | 2.71 | 2023 | -15.4% | +8.54% | View data |
| 3 | 3 United States | 1.79 | 2023 | +0.43% | -0.78% | View data |
| 4 | 4 Germany | 0.93 | 2023 | +1.39% | +1.28% | View data |
| 5 | 5 India | 0.62 | 2023 | -0.053% | +0.77% | View data |
| 6 | 6 Slovenia | 0.26 | 2023 | +4.56% | +58.43% | View data |
| 7 | 7 Belgium | 0.25 | 2023 | +2.87% | +2.11% | View data |
| 8 | 8 Japan | 0.17 | 2023 | -1.67% | -1.6% | View data |
| 9 | 9 United Arab Emirates | 0.15 | 2023 | +5.14% | +2.16% | View data |
| 10 | 10 Czech Republic | 0.13 | 2023 | +6.64% | +16.29% | View data |