In 2023, China led the global export of sulphonamides with a 35.45% share, followed by India at 23.59% and the Netherlands at 16.69%. Belgium (6.54%) and South Korea (3.85%) rounded out the top five. Notably, Slovenia exhibited a significant year-on-year growth of 105.88%, while the United Arab Emirates and Denmark saw considerable declines of -23.11% and -40.0%, respectively. Over the past five years, India showed strong annual growth compared to other leading countries, indicating its increasing importance in the global market.
Going forward, expect China's dominance to continue, although India's growth trajectory may reshape market dynamics. Watch for shifts in European exports, particularly in Belgium and the Netherlands, as they could impact overall market shares.
Top countries in Export of Sulphonamides Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 35.45 | 2023 | +0.68% | +1.56% | View data |
| 2 | 2 India | 23.59 | 2023 | +4.08% | +5.31% | View data |
| 3 | 3 Netherlands | 16.69 | 2023 | +5.52% | +1.5% | View data |
| 4 | 4 Belgium | 6.54 | 2023 | +1.83% | +2.44% | View data |
| 5 | 5 South Korea | 3.85 | 2023 | -0.9% | -1.85% | View data |
| 6 | 6 United States | 2.26 | 2023 | -8.08% | -8.23% | View data |
| 7 | 7 Switzerland | 0.98 | 2023 | +0.095% | -0.37% | View data |
| 8 | 8 Indonesia | 0.88 | 2023 | +3.22% | +3.5% | View data |
| 9 | 9 Italy | 0.73 | 2023 | -0.41% | -2.24% | View data |
| 10 | 10 Singapore | 0.29 | 2023 | -0.43% | +0.13% | View data |
