China leads the global import share of phenols and phenol-alcohols with 20.5%. India and Germany follow with 12.39% and 9.47%, respectively. Noteworthy year-on-year variations include Senegals 23.27% increase and Madagascars 11.52% decline. Over the past five years, Maldives has seen a significant surge with a CAGR of 221.94%, while Cyprus and Uruguay have experienced notable declines.
Future trends to watch include the impact of economic growth in developing countries on their import levels and the potential influence of regulatory changes on global phenol trade dynamics. Additionally, advancements in synthetic and bio-based phenol alternatives may disrupt traditional phenol markets, shifting import patterns.
Top countries in Import of Phenols and Phenol-Alcohols Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.5 | 2023 | +0.96% | -1.36% | View data |
| 2 | 2 India | 12.39 | 2023 | +3.64% | +2.38% | View data |
| 3 | 3 Germany | 9.47 | 2023 | +1.22% | +0.79% | View data |
| 4 | 4 Belgium | 8.88 | 2023 | +2.05% | +1.77% | View data |
| 5 | 5 Netherlands | 7.39 | 2023 | -0.66% | -2.04% | View data |
| 6 | 6 South Korea | 5.49 | 2023 | +1.7% | +0.32% | View data |
| 7 | 7 Japan | 4.92 | 2023 | +2.36% | -4.1% | View data |
| 8 | 8 Thailand | 4.11 | 2023 | -1.78% | -2.82% | View data |
| 9 | 9 United States | 3.78 | 2023 | +2.59% | +1.51% | View data |
| 10 | 10 United Kingdom | 2.52 | 2023 | +0.1% | -0.57% | View data |
