In 2023, Japan dominated the global export market for M-Xylene, comprising the largest share with a significant margin. The United States followed but with a comparatively smaller share. The Netherlands showed positive growth, while many other regions, such as Switzerland and Czech Republic, faced contractions. Year-on-year trends indicate Japan and South Africa experienced a decline, whereas the Netherlands and the United Arab Emirates reported moderate growth. The five-year CAGR highlights a mixed pattern of growth and contraction across countries.
Future trends to watch include:
- Potential market shifts in Asia, influenced by Japan's substantial role.
- Growth opportunities in smaller markets like the Netherlands, bolstered by recent positive variations.
- Impact of regulatory changes and environmental policies on M-Xylene demand worldwide.
- Technological advancements promoting efficiency in M-Xylene production and exportation.
Top countries in Export of M-Xylene Share by Country (US Dollars)
# | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Japan | 78.24 | 2023 | +4.75% | -1.9% | View data |
2 | 2 United States | 17.27 | 2023 | -10.52% | -13.65% | View data |
3 | 3 Netherlands | 3.62 | 2023 | +4.81% | +5.48% | View data |
4 | 4 United Arab Emirates | 0.38 | 2023 | +6.54% | +1.37% | View data |
5 | 5 South Africa | 0.071 | 2023 | +4.5% | -1.84% | View data |
6 | 6 United Kingdom | 0.014 | 2023 | -0.98% | +1.91% | View data |
7 | 7 Switzerland | 0.005 | 2023 | -48.79% | -27.66% | View data |
8 | 8 Czech Republic | 0 | 2023 | -30.77% | -6.36% | View data |