In 2023, Germany, Belgium, and the Netherlands were the main importers of Acrylic Acid and its salts, achieving noticeable positive growth. Italy and Finland saw a decline, the former with a significant drop of over 21%. Spain's imports increased by over 7%, while smaller nations like Malta and Cyprus showed promising growth despite their smaller market shares. The five-year CAGR indicates steady growth in several smaller markets. Meanwhile, larger markets have experienced fluctuating imports, reflecting an evolving demand landscape.
Future trends to watch include:
- Potential recovery in Italy and Finland’s import shares as economic conditions stabilize.
- Continual growth in smaller markets like Cyprus and Malta, driven by expanding industrial needs.
- Potential shifts in trade policies impacting key players like Germany and the Netherlands.
- Technological advancements in production affecting import requirements.
Top countries in Import of Acrylic Acid and Its Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 19.46 | 2023 | +5.04% | +0.56% | View data |
| 2 | 2 Netherlands | 16.92 | 2023 | +1.08% | +1.36% | View data |
| 3 | 3 Italy | 15.78 | 2023 | +20.14% | -21.38% | View data |
| 4 | 4 France | 13.9 | 2023 | +2.26% | -1.81% | View data |
| 5 | 5 Germany | 13.45 | 2023 | -0.49% | +3.26% | View data |
| 6 | 6 United Kingdom | 8.19 | 2023 | -1.74% | -0.65% | View data |
| 7 | 7 Spain | 6.66 | 2023 | +6.25% | +7.1% | View data |
| 8 | 8 Finland | 0.91 | 2023 | -6.79% | -14.17% | View data |
| 9 | 9 Sweden | 0.84 | 2023 | +4.08% | +3.52% | View data |
| 10 | 10 Poland | 0.8 | 2023 | +1.03% | +3.28% | View data |
