In 2023, Germany led global exports of Dimethyl Terephthalate with 63.222 million kilograms, followed by South Korea at 53.433 million kilograms, and China significantly lagging behind at 0.04191 million kilograms. The United Kingdom and India also had minimal exports. Year-on-year, South Korea and the United Kingdom showed positive growth at 3.83% and 3.16% respectively, while Germany and China experienced declines of 1.39% and 4.37%. Spain witnessed the highest growth rate at 7.91%. The five-year CAGR indicates that India had the sharpest decline at 5.99%, reflecting potential shifting trade dynamics.
Future trends to watch include South Korea and the United Kingdom's continued growth momentum in DMT exports, while concerns may arise for countries like China and India due to declining export volumes. Monitoring Germany's response to its reduced export activity could offer insights into market adjustments or strategic shifts in production or supply. Additionally, increased competition or cooperation within the European market, especially with Spain's recent gains, could significantly impact future trends.
Top countries in Export of Dimethyl Terephthalate by Country
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63,222,000 | 2023 | -1.57% | -1.39% | View data |
| 2 | 2 South Korea | 53,433,000 | 2023 | +3.19% | +3.83% | View data |
| 3 | 3 China | 41,910 | 2023 | -5.71% | -4.37% | View data |
| 4 | 4 United Kingdom | 26,650 | 2023 | +5.58% | +3.16% | View data |
| 5 | 5 Spain | 1,700 | 2023 | +2.97% | +7.91% | View data |
| 6 | 6 India | 734.44 | 2023 | -0.77% | -5.99% | View data |
