The global export of oxalic acid in 2024 shows China as the dominant player with an export value of $113.38 million, followed by India at $25.264 million and the United States at $4.4486 million. From 2023, notable year-on-year increases were seen in Greece (50.73%), Singapore (18.57%), and Hungary (19.19%), while the largest declines were in Ukraine (-31.91%) and Saudi Arabia (-20.66%). Over the past five years, exports have generally grown steadily, with countries like Japan and Belgium showing significant compound annual growth.
Future trends to watch include China's continuing dominance in the oxalic acid export market. However, India's rapid growth might position it as a future leader. Additionally, countries like Singapore and Greece could become more significant exporters if their growth rates persist. Economic and geopolitical factors from major markets could also shift demand patterns, affecting export volumes and values.
Top countries in Export of Oxalic Acid by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 113,380,000 | 2023 | +3.25% | +1.47% | View data |
| 2 | 2 India | 25,264,000 | 2023 | +3.1% | +2.94% | View data |
| 3 | 3 United States | 4,448,600 | 2023 | +1.36% | +1.07% | View data |
| 4 | 4 United Kingdom | 3,877,500 | 2023 | +1.22% | +0.76% | View data |
| 5 | 5 Czech Republic | 3,460,100 | 2023 | -0.5% | -2.05% | View data |
| 6 | 6 South Korea | 3,289,600 | 2023 | +3.45% | +1.87% | View data |
| 7 | 7 Japan | 2,858,900 | 2023 | +1.58% | +5.32% | View data |
| 8 | 8 Belgium | 1,543,800 | 2023 | -2.15% | +4.79% | View data |
| 9 | 9 Italy | 1,537,600 | 2023 | +0.38% | +1.26% | View data |
| 10 | 10 Netherlands | 1,031,100 | 2023 | -1.85% | -0.72% | View data |
