In 2023, Belgium led the global export of polymers of propylene and olefins, followed by the United States and South Korea. Countries like China showed significant growth with a 4.96% increase, whereas Saudi Arabia, Poland, and India experienced declines. The United Kingdom saw a notable drop of 33.46% in its exports. Luxembourg and Bulgaria posted strong positive year-on-year growths, while Egypt's exports plummeted by 27.4%.
Future trends to watch include the potential for increased exports driven by strong demand in emerging markets and technological advancements in polymer production. Sustainability practices and shifts towards green polymers may also heavily influence market dynamics and trade flows. Monitoring geopolitical factors and trade agreements will be essential in understanding export trajectories.
Top countries in Export of Polymers of Propylene and Olefins by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 691,860,000 | 2023 | +1.67% | +1.57% | View data |
| 2 | 2 United States | 581,680,000 | 2023 | +2.87% | +2.49% | View data |
| 3 | 3 South Korea | 346,650,000 | 2023 | +3.73% | +2.69% | View data |
| 4 | 4 Japan | 240,520,000 | 2023 | +1.77% | +1.37% | View data |
| 5 | 5 Germany | 197,500,000 | 2023 | +2.95% | +2.01% | View data |
| 6 | 6 Netherlands | 178,440,000 | 2023 | +2.07% | +1.89% | View data |
| 7 | 7 France | 163,660,000 | 2023 | +1.34% | +0.79% | View data |
| 8 | 8 Singapore | 140,400,000 | 2023 | +2.79% | +2.34% | View data |
| 9 | 9 Malaysia | 129,160,000 | 2023 | +4.63% | +2.95% | View data |
| 10 | 10 Israel | 75,282,000 | 2023 | +4.01% | +3.81% | View data |
