In 2023, Saudi Arabia led global polypropylene exports with substantial year-over-year growth of 2.88%. South Korea and Germany also maintained strong positions, although growth was moderate. Russia and China showed noteworthy increases with considerable year-on-year growth rates of 5.39% and 4.12%, respectively. Azerbaijan exhibited an extraordinary surge with a staggering 58.67% increase. Some European countries like Belgium and France saw declines in their export values, indicating shifts in trade flows or competitive dynamics.
Future Trends:
- Look for continued growth in Asian markets, driven by rising production capacities and regional demand.
- The geopolitical climate may alter trade routes, influencing future European and Middle Eastern country performances.
- Environmental regulations and technological advancements could reshape polypropylene production and export strategies.
Top countries in Export of Polypropylene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 6,727,400,000 | 2023 | +3.29% | +2.88% | View data |
| 2 | 2 South Korea | 2,680,900,000 | 2023 | +2.89% | +2.29% | View data |
| 3 | 3 Germany | 1,858,200,000 | 2023 | +1.36% | +1.01% | View data |
| 4 | 4 Belgium | 1,723,900,000 | 2023 | +0.61% | -0.34% | View data |
| 5 | 5 United States | 1,596,800,000 | 2023 | -0.16% | -0.32% | View data |
| 6 | 6 Singapore | 1,564,400,000 | 2023 | +2.91% | +2.85% | View data |
| 7 | 7 Thailand | 842,350,000 | 2023 | +2.45% | +0.92% | View data |
| 8 | 8 India | 809,220,000 | 2023 | +1.08% | -1.35% | View data |
| 9 | 9 France | 769,150,000 | 2023 | -0.16% | -0.99% | View data |
| 10 | 10 Spain | 704,730,000 | 2023 | +1.8% | +0.72% | View data |
