In 2023, Belgium led the European export market for chemicals such as Hydrogen Chloride, Oleum, Diphosphorus Pentaoxide, Silicon, and Sulphur Dioxide, followed by the Netherlands and Finland. Year-on-year analysis reveals an 8.28% surge in Dutch exports, while Germany and Spain saw declines of 0.18% and 10.17% respectively. Notably, the UK exhibited the highest growth at 28.66%, reflecting increasing production efficiency and improved trade conditions.
Over a five-year span, the Compound Annual Growth Rate (CAGR) will be indicative of long-term trends. Some countries like Slovakia, showing a 42.23% year-on-year variation, are expected to continue expanding rapidly.
Future trends to watch include sustainability and environmental regulations impacting production processes, alongside technological advancements enhancing export capabilities. The European market may also experience shifts depending on geopolitical relations and trade agreements, which could affect export volumes and country shares.
Top countries in Export of Hydrogen Chloride, Oleum, Diphosphorus Pentaoxide, Silicon and Sulphur Dioxide Share by Country (Kilograms of Phosphorus Pentoxide)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 41.13 | 2023 | +1.67% | +1.06% | View data |
| 2 | 2 Netherlands | 24.98 | 2023 | -1.56% | +8.28% | View data |
| 3 | 3 Finland | 12.71 | 2023 | +9.43% | +4.21% | View data |
| 4 | 4 Czechia | 6.36 | 2023 | |||
| 5 | 5 Poland | 5.82 | 2023 | +3.23% | +1.56% | View data |
| 6 | 6 Germany | 3 | 2023 | +8.81% | -0.18% | View data |
| 7 | 7 Slovenia | 1.27 | 2023 | +5.28% | +5.04% | View data |
| 8 | 8 France | 1 | 2023 | +2.9% | +9.05% | View data |
| 9 | 9 Spain | 0.8 | 2023 | -15.57% | -10.17% | View data |
| 10 | 10 United Kingdom | 0.68 | 2023 | +2.22% | +28.66% | View data |
