The European export of isocyanates is primarily dominated by Germany and Hungary, accounting for a substantial share in 2023, with Germany leading at 33.68% and Hungary at 25.63%. Belgium and Spain follow, holding significant portions with 16.18% and 13.72%, respectively. The Netherlands saw a major decline by 26.55% from 2023. Meanwhile, emerging exporters like Romania and Ireland experienced significant growth, with Romania rising by 22.62% and Ireland by 102.73% in 2023. Smaller contributions come from countries like Denmark and Cyprus, exhibiting stability without change from the previous year.
Future trends indicate:
- Potential growth in emerging markets like Bulgaria and Estonia, stimulated by recent substantial increases.
- Close monitoring of the stable output from smaller countries which can impact overall European market dynamics.
- Technological advancements and environmental regulations possibly influencing export strategies and shares.
Top countries in Export of Isocyanates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.68 | 2023 | +0.15% | -3.45% | View data |
| 2 | 2 Hungary | 25.63 | 2023 | +3.16% | +2.47% | View data |
| 3 | 3 Belgium | 16.18 | 2023 | +0.66% | +0.89% | View data |
| 4 | 4 Spain | 13.72 | 2023 | +3.92% | +7.47% | View data |
| 5 | 5 Netherlands | 0.98 | 2023 | -0.04% | -26.55% | View data |
| 6 | 6 France | 0.79 | 2023 | -31.07% | View data | |
| 7 | 7 Portugal | 0.12 | 2023 | +4.92% | -3.56% | View data |
| 8 | 8 Italy | 0.069 | 2023 | +87.2% | View data | |
| 9 | 9 Czechia | 0.039 | 2023 | |||
| 10 | 10 Austria | 0.02 | 2023 | -7.78% | +1.16% | View data |
