The European import of cumene in 2023, highlighted Belgium as the dominant importer, capturing over 75% of the share, though experiencing a slight decrease. Meanwhile, Germany, Italy, and the Netherlands followed, with Germany seeing modest growth and Italy declining. France’s imports dwindled significantly, whereas the Netherlands emerged with notable growth. Smaller markets like Portugal showed significant percentage increases, though from minimal baselines.
Looking ahead, while Belgium is expected to maintain leadership, its declining trend suggests potential shifts in market shares. Other countries, particularly the Netherlands and Portugal, may experience growth, driven by industrial demand and diversification in supply chains.
Top countries in Import of Cumene Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 75.28 | 2023 | +5.08% | -2.08% | View data |
| 2 | 2 Germany | 14.09 | 2023 | +23.28% | +3.3% | View data |
| 3 | 3 Italy | 7.96 | 2023 | +15.12% | -4.38% | View data |
| 4 | 4 Netherlands | 3.51 | 2023 | +84.4% | +18.23% | View data |
| 5 | 5 France | 0.54 | 2023 | -7.05% | -14.57% | View data |
| 6 | 6 Finland | 0.43 | 2023 | +32.97% | +6.58% | View data |
| 7 | 7 Spain | 0.15 | 2023 | +9.46% | View data | |
| 8 | 8 Czechia | 0.095 | 2023 | |||
| 9 | 9 United Kingdom | 0.081 | 2023 | -3.89% | -3.99% | View data |
| 10 | 10 Portugal | 0.017 | 2023 | +57.65% | +33.62% | View data |