The global export market of acrylic acid and its salts in 2024 shows Saudi Arabia leading, followed by China, Germany, and Belgium. Year-on-year variations indicate growth in Saudi Arabia and China, whereas Germany and Belgium see slight declines. Japan experienced notable growth, while Malaysia and the United States suffered negative growth. Surprisingly, Poland observed a significant surge, and Sweden's exports skyrocketed. Meanwhile, India and Australia showed moderate increases, while several other countries recorded marginal declines.
Future trends to watch include potential shifts in demand due to environmental regulations, advancements in alternative materials, and evolving geopolitical dynamics affecting major exporters. Growth may be seen in countries investing in technological innovation and sustainability. Countries anticipating infrastructure development and consumption growth could become notable players in the acrylic acid market.
Top countries in Export of Acrylic Acid and Its Salts by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 199,330,000 | 2023 | +4.89% | +6.31% | View data |
| 2 | 2 China | 129,730,000 | 2023 | +2.94% | +0.1% | View data |
| 3 | 3 Germany | 121,130,000 | 2023 | -0.55% | -2.09% | View data |
| 4 | 4 Belgium | 74,743,000 | 2023 | -2.38% | -1.4% | View data |
| 5 | 5 Japan | 54,622,000 | 2023 | +2.08% | +11.54% | View data |
| 6 | 6 Malaysia | 32,662,000 | 2023 | -7.01% | -6.03% | View data |
| 7 | 7 United States | 31,182,000 | 2023 | -5.77% | -6.08% | View data |
| 8 | 8 Brazil | 30,932,000 | 2023 | +5.58% | +8.47% | View data |
| 9 | 9 Indonesia | 27,406,000 | 2023 | -0.04% | -1.13% | View data |
| 10 | 10 South Korea | 22,782,000 | 2023 | -0.45% | -1.35% | View data |
