In 2023, China emerged as the leading importer of chlorides and chloride oxides of non-metals, with a growth rate of 4.64%. The United States followed closely with a 4.05% increase. South Korea and the United Kingdom also posted growths of 2.42% and 1.11%, respectively. Conversely, major European markets like France, Italy, and Germany experienced declines, highlighting shifting trade dynamics. Singapore and Mexico showed positive trajectories, while Japan's market slightly contracted by 1.8%.
Looking ahead, several global trends will shape imports:
- Increased demand in emerging markets like Indonesia, Malaysia, and Brazil could drive future growth.
- European markets may stabilize, with Germany and France potentially rebounding from recent declines.
- China's position as a market leader will likely consolidate, influencing global trade patterns and pricing strategies.
Top countries in Import of Chlorides and Chloride Oxides of Non-Metals Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 20.22 | 2023 | +4.43% | +4.64% | View data |
2 | 2 United States | 14.93 | 2023 | +2.88% | +4.05% | View data |
3 | 3 South Korea | 12.72 | 2023 | +2.48% | +2.42% | View data |
4 | 4 United Kingdom | 11.52 | 2023 | +1.66% | +1.11% | View data |
5 | 5 Japan | 8.96 | 2023 | +1.7% | -1.8% | View data |
6 | 6 India | 4.8 | 2023 | +2.29% | +1.24% | View data |
7 | 7 Singapore | 4.18 | 2023 | +4.55% | +2.76% | View data |
8 | 8 France | 3.23 | 2023 | -0.95% | -2.45% | View data |
9 | 9 Germany | 2.27 | 2023 | -4.16% | -4.73% | View data |
10 | 10 Mexico | 2.17 | 2023 | +3.14% | +3.36% | View data |