Germany leads the global import market for petroleum resins, coumarone, indene, and polyterpenes, followed closely by France and Italy. Significant importers also include the United States and China, highlighting the regions' industrial demands. Emerging markets like India and Indonesia show strong growth trends, with annual increases over 3%. Although countries such as the United Kingdom and Japan saw slight declines, rapidly growing nations such as South Korea and Poland display robust expansion.
In 2023, substantial growth was observed in Poland, Singapore, and India, underlining their expanding market shares. Conversely, markets like the UK, Japan, and Argentina experienced contraction. The five-year CAGR showcases consistent growth in Asian countries, emphasizing their increasing influence in global import dynamics. Meanwhile, European nations maintain steady positions, reinforced by economic integration and demand among the larger economies.
Future trends to watch include continued growth in Asian markets, driven by rising manufacturing capacities and domestic consumption. Developing countries may progressively increase their import shares, driven by industrial expansion and infrastructure development. Additionally, environmental regulations and shifting towards sustainable alternatives could reshape the global trade landscape for these compounds, affecting future import patterns.
Top countries in Import of Petroleum Resins, Coumarone, Indene, Polyterpenes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12.13 | 2023 | +2.18% | +1.94% | View data |
| 2 | 2 France | 10.05 | 2023 | +3.63% | +1.79% | View data |
| 3 | 3 Italy | 8.71 | 2023 | +1.3% | +1.22% | View data |
| 4 | 4 United States | 7.32 | 2023 | +3.34% | +3.48% | View data |
| 5 | 5 China | 7.02 | 2023 | -0.57% | +0.06% | View data |
| 6 | 6 Indonesia | 4.75 | 2023 | +3.03% | +3.27% | View data |
| 7 | 7 Netherlands | 4.37 | 2023 | +2.14% | +1.52% | View data |
| 8 | 8 India | 3.88 | 2023 | +4.12% | +3.83% | View data |
| 9 | 9 Thailand | 3.69 | 2023 | +3.41% | +4.01% | View data |
| 10 | 10 Mexico | 3.59 | 2023 | +3.16% | +2.82% | View data |
