In 2023, Germany led Europe in phenolic resin exports, maintaining a significant share of 27.29%. Italy followed with 19.04%, despite a notable 7.67% decrease. Poland increased by 2.61%, accounting for 16.83% of the market. Spain and Sweden both fell, while Portugal's share rose by 7.87%. The UK and France saw significant declines, notably the UK at -100%. Smaller markets such as Romania and Slovakia experienced growth, while Ireland saw a staggering 83.49% increase. This year’s changes reflect shifting dynamics in Europe's resin export landscape.
Looking ahead, watch for Germany’s continued dominance, possible Italian recovery, and the potential for smaller markets like Ireland and Slovakia to capture larger shares amid changing global demands. Demand shifts may influence these trends, fostering growth in technologically evolving regions.
Top countries in Export of Phenolic Resins in Primary Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.29 | 2023 | -36.51% | View data | |
| 2 | 2 Italy | 19.04 | 2023 | -2.62% | -7.67% | View data |
| 3 | 3 Poland | 16.83 | 2023 | +3.6% | +2.61% | View data |
| 4 | 4 Spain | 12.73 | 2023 | +0.066% | -3.11% | View data |
| 5 | 5 Portugal | 9.13 | 2023 | +11.72% | +7.87% | View data |
| 6 | 6 United Kingdom | 4.64 | 2023 | -24.7% | View data | |
| 7 | 7 Sweden | 4.13 | 2023 | +1.38% | -3.51% | View data |
| 8 | 8 Belgium | 0.95 | 2023 | -89% | View data | |
| 9 | 9 Romania | 0.78 | 2023 | +5.09% | +15.26% | View data |
| 10 | 10 Slovenia | 0.7 | 2023 | -37.74% | -38.63% | View data |
