In 2023, the Netherlands led European methanal exports with substantial volumes, followed by Germany and Spain, among others. Notable year-on-year changes included Germany's impressive 15.69% increase, while Italy experienced a significant 24.98% decrease. Other significant fluctuations were seen in Hungary, showing a strong 19.66% rise, Portugal's 16.56% increase, and Lithuania's 14.15% drop. Denmark recorded the most drastic change with a complete cessation of exports. The five-year CAGR suggests overall moderate stability despite these variations, with some countries like Germany and Hungary showing promising growth trends.
Future trends to watch:
- German and Hungarian exports may continue to rise given their recent growth.
- Italy and Denmark need to address declining trends.
- Potential impact of regulatory changes and sustainability initiatives on production and export dynamics.
Top countries in Export of Methanal (Formaldehyde) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 174,750,000 | 2023 | -15.31% | +1% | View data |
| 2 | 2 Germany | 119,530,000 | 2023 | +0.15% | +15.69% | View data |
| 3 | 3 Spain | 81,934,000 | 2023 | +8.27% | -5.25% | View data |
| 4 | 4 Belgium | 66,858,000 | 2023 | +2.13% | View data | |
| 5 | 5 Poland | 26,555,000 | 2023 | +4.74% | +6.19% | View data |
| 6 | 6 Italy | 23,904,000 | 2023 | +1.18% | -24.98% | View data |
| 7 | 7 Slovakia | 8,586,900 | 2023 | -5.11% | -3.15% | View data |
| 8 | 8 Hungary | 8,525,800 | 2023 | +5.09% | +19.66% | View data |
| 9 | 9 United Kingdom | 6,182,500 | 2023 | +3.27% | +5.29% | View data |
| 10 | 10 Slovenia | 5,142,300 | 2023 | -3.12% | -0.69% | View data |
