In 2023, China dominated the global export market of unsaturated acyclic monocarboxylic acids with a substantial share, followed by Germany and India. China's exports experienced a moderate increase, while Indonesia saw notable growth. The United States and many European countries experienced varied growth, with some like the United Kingdom showing robust expansion. However, countries such as Austria and Denmark witnessed significant declines.
Future trends to watch include China's continued market leadership, potential increases from emerging economies like Indonesia, and vulnerability in traditional European markets due to fluctuating demand and economic uncertainties. Forex adjustments and trade policies may also play pivotal roles. These trends will shape the global export landscape in upcoming years.
Top countries in Export of Unsaturated Acyclic Monocarboxylic Acids Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 48.99 | 2023 | +3.09% | +2.31% | View data |
| 2 | 2 Germany | 12.49 | 2023 | +1.62% | +0.64% | View data |
| 3 | 3 India | 7.19 | 2023 | +3.19% | +2.63% | View data |
| 4 | 4 Japan | 6.43 | 2023 | +3.18% | +7.63% | View data |
| 5 | 5 United States | 4.11 | 2023 | +3.29% | +5.22% | View data |
| 6 | 6 Indonesia | 2.99 | 2023 | +2.17% | +17.23% | View data |
| 7 | 7 Netherlands | 2.56 | 2023 | +2.58% | +1.31% | View data |
| 8 | 8 South Korea | 2.46 | 2023 | +4.71% | +5.03% | View data |
| 9 | 9 United Kingdom | 2.37 | 2023 | +2.8% | +9.32% | View data |
| 10 | 10 France | 2.08 | 2023 | +3.45% | +0.98% | View data |
