The global export share of tartaric acid in 2023 highlights China's dominance, accounting for 62.63% of the exports, followed by Italy with 19.58% and Spain with 6.91%. Noteworthy growth was observed in exports from China (3.38% increase), Russia (7.71%), and Slovenia (9.1%), while Germany and Chile experienced declines at -1.38% and -6.77%, respectively. South Korea and Thailand showed remarkable growth, with variations of 31.11% and 49.15%.
Future trends to watch include:
- The strengthening position of China in the market, continuing its growth trajectory.
- A potential rise in exports from smaller markets like Greece and South Korea due to recent positive trends.
- Monitoring downward trends in traditional markets such as Germany and the United States, which could lead to shifts in global market share.
Top countries in Export of Tartaric Acid Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 62.63 | 2023 | +3.55% | +3.38% | View data |
| 2 | 2 Italy | 19.58 | 2023 | -1.29% | +0.062% | View data |
| 3 | 3 Spain | 6.91 | 2023 | +1.77% | +2.51% | View data |
| 4 | 4 Germany | 3.46 | 2023 | +0.19% | -1.38% | View data |
| 5 | 5 Netherlands | 1.18 | 2023 | +0.5% | +0.65% | View data |
| 6 | 6 Chile | 0.82 | 2023 | -1.91% | -6.77% | View data |
| 7 | 7 United States | 0.72 | 2023 | -6.36% | -4.78% | View data |
| 8 | 8 Russia | 0.35 | 2023 | +5.21% | +7.71% | View data |
| 9 | 9 Australia | 0.2 | 2023 | -35.66% | -18.57% | View data |
| 10 | 10 Austria | 0.2 | 2023 | +1.17% | -1.77% | View data |
