The global export market for naphthols is dominated by China and India, comprising the majority of exports at over 90% collectively. China leads with exports valued at $71.136 million, followed by India at $20.67 million. In 2023, China and India showed positive, albeit modest, growth rates of 1.31% and 8.55% respectively. However, many European countries, such as Poland and Italy, experienced a decline in export value. For example, Poland saw a decrease of 12.9%, while Italy’s exports dropped by 5.31%. Conversely, Switzerland posted a healthy increase of 5.88% during the same period.
Future trends to watch include the potential impact of geopolitical tensions on supply chains, possible shifts in manufacturing hubs, and the role of sustainable practices in influencing trade dynamics. Emerging markets may offer new opportunities, though established players like China and India will likely continue dominating the landscape in the near term.
Top countries in Export of Naphthols by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 71,136,000 | 2023 | +2.49% | +1.31% | View data |
2 | 2 India | 20,670,000 | 2023 | +2.85% | +8.55% | View data |
3 | 3 Italy | 2,666,600 | 2023 | +1.22% | -5.31% | View data |
4 | 4 Singapore | 910,170 | 2023 | +5.43% | -0.51% | View data |
5 | 5 Germany | 466,590 | 2023 | -1.92% | -4.75% | View data |
6 | 6 Netherlands | 420,340 | 2023 | +2.94% | -0.43% | View data |
7 | 7 Poland | 372,120 | 2023 | +4.12% | -12.9% | View data |
8 | 8 United Arab Emirates | 135,310 | 2023 | -3.29% | -10.18% | View data |
9 | 9 Switzerland | 91,040 | 2023 | +0.45% | +5.88% | View data |
10 | 10 France | 47,590 | 2023 | -1.56% | -1.32% | View data |