The 2023 export data shows Germany leading with $62.052 million, followed by South Korea with $60.222 million. China, the United Kingdom, and Spain represent smaller contributors. Germany and China experienced a year-on-year decline of 2.44% and 2.48% respectively, while South Korea boosted exports by 3.62%. The United Kingdom and Spain had modest increases in exports, whereas India saw a significant decline of 7.09%. These variations point toward a competitive market with shifting dynamics.
Looking into the future, monitor South Korea's growing market presence and potential shifts in production or regulation in China that might alter its export strategies. Changes in global demand for polyester derivatives and raw material prices will also impact the market.
Top countries in Export of Dimethyl Terephthalate by Country
| # | 7 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 62,052,000 | 2023 | -1.53% | -2.44% | View data |
| 2 | 2 South Korea | 60,222,000 | 2023 | +3.78% | +3.62% | View data |
| 3 | 3 China | 97,380 | 2023 | -0.25% | -2.48% | View data |
| 4 | 4 United Kingdom | 67,860 | 2023 | +5.48% | +1.9% | View data |
| 5 | 5 Spain | 32,000 | 2023 | +6.46% | +1.34% | View data |
| 6 | 6 Switzerland | 11,180 | 2023 | -0.088% | -1.94% | View data |
| 7 | 7 India | 1,850 | 2023 | -1.47% | -7.09% | View data |
