The United States leads global exports of butyric and valeric acids, holding a 26.06% share, significantly higher than Singapore and China at 13.91% and 12.32%, respectively. Germany, Belgium, and the Netherlands also contribute notably to global supply, forming a strong European presence. In 2023, the highest year-on-year growth occurred in smaller markets like Macedonia and Columbia, while significant declines were seen in countries like Peru and Estonia.
Future Trends:
- Expect continued market dominance from the United States, but watch for increasing Asian influence, particularly from China.
- Economic policies and trade agreements within Europe may influence growth, potentially amplifying shares from Germany and Belgium.
- Emerging markets that exhibit fluctuating trends should be monitored for potential strategic investments.
Top countries in Export of Butyric Acids and Valeric Acids Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 26.06 | 2023 | +1.52% | +2.15% | View data |
| 2 | 2 Singapore | 13.91 | 2023 | +1.64% | +1.85% | View data |
| 3 | 3 China | 12.32 | 2023 | +4.83% | +5.03% | View data |
| 4 | 4 Netherlands | 11.91 | 2023 | +2.01% | +3.31% | View data |
| 5 | 5 Belgium | 9.74 | 2023 | +1.48% | +2.21% | View data |
| 6 | 6 Germany | 8.4 | 2023 | +2.22% | +2.54% | View data |
| 7 | 7 Sweden | 7.62 | 2023 | +5.86% | +5.36% | View data |
| 8 | 8 Japan | 2.27 | 2023 | +2.54% | +5.02% | View data |
| 9 | 9 France | 2.13 | 2023 | +4.96% | +0.91% | View data |
| 10 | 10 Spain | 2.07 | 2023 | +4.25% | +3.98% | View data |