In 2023, India led the global import market for acrylic acid esters in US dollars, followed by Belgium and the United States. Significant growth was observed in India's import share, while other major importers like Belgium and Germany saw slight fluctuations. China's and Japan's imports saw a notable decline. Developing nations such as Malaysia and Brazil showed varying trends, with Malaysia experiencing a rise and Brazil a decline. Moderate growth emerged in niche markets like Botswana and Macedonia, as well as recovery in some European countries.
Future trends indicate potential growth in emerging markets such as India, spurred by industrial demand and economic expansion. European markets may stabilize, with opportunities for export expansion in niche segments. Monitoring geopolitical influences and trade policies is crucial, as they will impact import dynamics. Brazil and other Latin American countries might resume growth if economic conditions improve. Environmental regulations and alternative materials could influence long-term trends in acrylic acid esters imports.
Top countries in Import of Acrylic Acid Esters Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 13.31 | 2023 | +3.58% | +2.72% | View data |
| 2 | 2 Belgium | 12.9 | 2023 | +0.69% | -0.23% | View data |
| 3 | 3 United States | 9.95 | 2023 | +1.81% | +1.47% | View data |
| 4 | 4 Germany | 7.13 | 2023 | +1.45% | +1.14% | View data |
| 5 | 5 Netherlands | 4.67 | 2023 | +2.39% | +0.45% | View data |
| 6 | 6 Italy | 4.43 | 2023 | +0.91% | +0.037% | View data |
| 7 | 7 Mexico | 4.23 | 2023 | +2.05% | +1.09% | View data |
| 8 | 8 South Korea | 3.67 | 2023 | +1.44% | +0.67% | View data |
| 9 | 9 France | 3.42 | 2023 | +0.6% | -0.84% | View data |
| 10 | 10 Spain | 3.18 | 2023 | +1.14% | -0.22% | View data |
