In 2023, China dominated the global export of quinones with a substantial share of 51.03% by kilograms, reflecting a stable year-on-year growth of 0.91%. The Netherlands and Japan followed, with shares of 13.38% and 9.31%, respectively. Notably, Slovenia experienced a significant increase of 68.46%, demonstrating a rising presence in this market. Conversely, Japan and Canada faced declines of 8.42% and 9.61%, respectively. Emerging players like India and Brazil showed impressive growths of 15.67% and 172.79%. The last five years' CAGR indicates substantial market dynamics with notable shifts among key players.
Looking forward, potential trends may involve increased diversification as countries like Slovenia and Brazil expand their market share. The robust growth in these countries suggests a possible redistribution of global export dominance, with a likely decrease in shares for major players unless they adapt to innovations or shifts in demand within the quinones industry.
Top countries in Export of Quinones Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.03 | 2023 | +1.88% | +0.91% | View data |
| 2 | 2 Netherlands | 13.38 | 2023 | +2.2% | +2.2% | View data |
| 3 | 3 Japan | 9.31 | 2023 | -5.25% | -8.42% | View data |
| 4 | 4 United Kingdom | 6.43 | 2023 | +1.33% | +2.93% | View data |
| 5 | 5 United States | 5.98 | 2023 | -4.68% | -1.16% | View data |
| 6 | 6 Slovenia | 5.14 | 2023 | +4.69% | +68.46% | View data |
| 7 | 7 Singapore | 3.17 | 2023 | +5.91% | +0.43% | View data |
| 8 | 8 India | 2.19 | 2023 | -2.02% | +15.67% | View data |
| 9 | 9 Belgium | 1.51 | 2023 | -16.07% | +11.71% | View data |
| 10 | 10 Austria | 1.05 | 2023 | +4.17% | +1.78% | View data |
