In 2023, Germany led the global export market of diols (excluding ethylene and propylene glycol) with a value of $441.2 million, followed by the United States and Netherlands. South Korea and China showed substantial growth rates of 3.05% and 4.85%, respectively. Saudi Arabia experienced the highest growth at 6.75%. However, Belgium, Malaysia, and Switzerland faced notable declines. Canada's export saw a remarkable increase of 10.02%. Finland, though a minor player, recorded the largest percentage growth at 38.4%. This diverse growth pattern reflects distinct regional strategies and market demands.
Looking ahead, the global export landscape for diols is expected to be influenced by technological advancements in chemical production, intensifying environmental regulations, and the rise in biobased alternatives. Demand from emerging markets, shifts towards sustainability, and potential trade policy changes will be critical factors to monitor.
Top countries in Export of Diols Except Ethylene and Propylene Glycol by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 441,200,000 | 2023 | +1.62% | +0.71% | View data |
| 2 | 2 United States | 404,280,000 | 2023 | +3.09% | +2.72% | View data |
| 3 | 3 Netherlands | 266,230,000 | 2023 | +0.73% | -0.16% | View data |
| 4 | 4 South Korea | 224,130,000 | 2023 | +3.49% | +3.05% | View data |
| 5 | 5 China | 205,940,000 | 2023 | +5.47% | +4.85% | View data |
| 6 | 6 Japan | 125,880,000 | 2023 | +1.52% | -2.25% | View data |
| 7 | 7 Sweden | 88,530,000 | 2023 | +1.33% | +0.19% | View data |
| 8 | 8 Belgium | 63,022,000 | 2023 | -2.31% | -3.09% | View data |
| 9 | 9 India | 41,298,000 | 2023 | +3.41% | +1.8% | View data |
| 10 | 10 Singapore | 38,838,000 | 2023 | +0.81% | +0.51% | View data |
