In 2023, Belgium stood as the leading European exporter of oxygen-function amino compounds, excluding lysine and glutamic acid, with a volume of 292.55 million kilograms. Germany and the Netherlands followed, showcasing significant export volumes. Noteworthy trends include substantial growth in France, at 27.81%, and Germany's moderate increase at 1.56%. Conversely, the UK saw a decline of 13.87%. Smaller markets like Finland and Greece also exhibited remarkable growth at 39.59% and 35.63%, respectively. The overall compound annual growth rate over the past five years remains varied, highlighting the diverse dynamism within the market.
Future trends to watch include:
- The potential impact of environmental regulations on the production and export of these compounds.
- Technological advancements in amino-compound synthesis that could increase production efficiency and reduce costs.
- Shifts in global demand dynamics, possibly influenced by evolving markets in Asia and North America.
- Brexit's lingering effects on the UK and EU trading relationships, particularly impacting the UK's export recovery.
- Economic growth in Eastern Europe, offering new opportunities for Belgium, Germany, and the Netherlands to expand their market influence.
Top countries in Export of Oxygen-Function Amino-Compounds, Except Lysine and Glutamic Acid by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 292,550,000 | 2023 | +1.68% | -0.32% | View data |
| 2 | 2 Germany | 225,370,000 | 2023 | +4.59% | +1.56% | View data |
| 3 | 3 Netherlands | 214,770,000 | 2023 | +5.23% | +7.39% | View data |
| 4 | 4 France | 66,101,000 | 2023 | +3.25% | +27.81% | View data |
| 5 | 5 Sweden | 40,260,000 | 2023 | +2% | -1.99% | View data |
| 6 | 6 Spain | 21,734,000 | 2023 | +3.27% | +4.2% | View data |
| 7 | 7 Italy | 15,312,000 | 2023 | +1.2% | +3.48% | View data |
| 8 | 8 United Kingdom | 14,124,000 | 2023 | -16.96% | -13.87% | View data |
| 9 | 9 Lithuania | 9,510,800 | 2023 | +4.56% | -0.42% | View data |
| 10 | 10 Poland | 7,452,600 | 2023 | +4.23% | +9.3% | View data |
