In 2023, Germany led the European import market of o-Xylene, commanding 35.15% of the share, followed by Italy at 25.87% and Belgium at 19.08%. The Netherlands had a notable year-on-year increase of 36.34%, while France and Ireland also saw significant growth at 31.64% and 28.44% respectively. Conversely, Austria and Bulgaria experienced declines, with -1.92% and -6.01% respectively. Over the last five years, consistent growth was observed, underpinned by a CAGR indicating steady demand in larger economies, while smaller countries displayed fluctuating trends.
Future trends to watch include Germany's potential to maintain leadership amidst increasing competition, and whether Italy will challenge Germany's dominance as it did last year. Additionally, observing whether the Netherlands can sustain its growth surge will be critical. Overall, increased industry and environmental regulations may impact the distribution and import dynamics within Europe.
Top countries in Import of o-Xylene Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 35.15 | 2023 | +4.7% | +4.4% | View data |
2 | 2 Italy | 25.87 | 2023 | +6.84% | +1.77% | View data |
3 | 3 Belgium | 19.08 | 2023 | +8.1% | +4.04% | View data |
4 | 4 Netherlands | 9.28 | 2023 | +3.52% | +36.34% | View data |
5 | 5 Austria | 8.36 | 2023 | -0.27% | -1.92% | View data |
6 | 6 Sweden | 6.04 | 2023 | +2.53% | -0.16% | View data |
7 | 7 Bulgaria | 1.22 | 2023 | -2.98% | -6.01% | View data |
8 | 8 France | 0.73 | 2023 | +6.38% | +31.64% | View data |
9 | 9 Portugal | 0.061 | 2021 | +582.11% | +77.06% | View data |
10 | 10 United Kingdom | 0.043 | 2023 | -48.43% | +8.65% | View data |