The 2023 data indicates that Germany and Belgium are the leading importers of aromatic monocarboxylic acids (anhydrides) in Europe, with substantial volumes imported, followed by Italy and Spain. Year-on-year variations show Germany and the Netherlands experiencing growth, at 4.49% and 5.42% respectively, while Belgium and Spain faced declines. A significant rise is noted in imports by Greece at 8.37% and an impressive surge by Sweden and Lithuania. Conversely, France saw a sharp decline of 36.48%, while smaller countries like Cyprus, Luxembourg, and Austria also witnessed decreases.
Future trends to watch include:
- Continued growth in Germany and the Netherlands, which could drive overall European market trends.
- Potential market recovery for France and Cyprus, given their significant declines in 2023.
- The impact of post-Brexit policies on the United Kingdom's import volumes.
- The capacity of smaller markets like Sweden and Lithuania to sustain their growth momentum.
Top countries in Import of Aromatic Monocarboxylic Acids (Anhydrides) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,192,400 | 2023 | +2.12% | +4.49% | View data |
| 2 | 2 Belgium | 5,116,500 | 2023 | +12.66% | -0.27% | View data |
| 3 | 3 Italy | 4,539,500 | 2023 | +2.76% | +1.27% | View data |
| 4 | 4 Spain | 2,500,300 | 2023 | +12.72% | -6.77% | View data |
| 5 | 5 Netherlands | 2,399,900 | 2023 | +14.08% | +5.42% | View data |
| 6 | 6 United Kingdom | 1,084,900 | 2023 | -2.75% | -4.64% | View data |
| 7 | 7 Poland | 609,000 | 2023 | +1.58% | +1.32% | View data |
| 8 | 8 Hungary | 472,430 | 2023 | +0.75% | -3.61% | View data |
| 9 | 9 Portugal | 285,180 | 2023 | +5.36% | -1.34% | View data |
| 10 | 10 Finland | 187,100 | 2023 | +0.37% | -2.43% | View data |