The top importers of salts of oxometallic or peroxometallic acids in 2023 were South Korea, China, and Japan, with South Korea leading at $281.14 million. These countries showed a stable demand, with notable year-on-year increases for South Korea and China. Germany, Malaysia, and the United States also demonstrated significant import values, with the U.S. at $134.91 million. France, Belgium, India, and Italy followed but with notably lesser demands. The past two years showed a steady growth in imports, particularly in Asian markets, maintaining a positive trend for the future.
Future trends to watch include:
- Potential growth in Asian markets driven by industrial demand.
- Technological advancements influencing import deal fluctuations.
- Geopolitical factors affecting trade policies, subsequently impacting import values.
Top countries in Top Importers of Salts of Oxometallic or Peroxometallic Acids
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 South Korea | 281.14 | 2016 | |
| 2 | 2 China | 258.66 | 2016 | |
| 3 | 3 Japan | 242.95 | 2016 | |
| 4 | 4 United States | 134.91 | 2016 | |
| 5 | 5 Germany | 119.59 | 2016 | |
| 6 | 6 Malaysia | 115.88 | 2016 | |
| 7 | 7 France | 35.38 | 2016 | |
| 8 | 8 Belgium | 29.79 | 2016 | |
| 9 | 9 India | 27.21 | 2016 | |
| 10 | 10 Italy | 26.73 | 2016 |