The global import of O-Xylene saw China dominating the market share in recent years, although it has faced an 11.52% decline. Germany and Italy follow, showing moderate growth. China’s performance offset gains in countries like Chile, with a remarkable 20.36% increase, and Switzerland, witnessing a 36.46% surge. The market remains varied, with notable declines in the Netherlands and Canada. The compound annual growth rate (CAGR) over the last five years suggests stability, but shifts in major economies like China and Germany are pivotal.
Future trends to watch include recovery in Asian markets, potential shifts in European demand due to regulatory changes, and the impact of sustainable chemical production on import dynamics.
Top countries in Import of O-Xylene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.58 | 2023 | -14.88% | -11.52% | View data |
| 2 | 2 Germany | 18.42 | 2023 | +1.37% | +0.52% | View data |
| 3 | 3 Italy | 18.28 | 2023 | +3.61% | +3.67% | View data |
| 4 | 4 Belgium | 9.71 | 2023 | -0.76% | -0.32% | View data |
| 5 | 5 Mexico | 6.5 | 2023 | -0.83% | -2.94% | View data |
| 6 | 6 Indonesia | 6.04 | 2023 | +0.76% | +1.63% | View data |
| 7 | 7 Austria | 4.35 | 2023 | -2.09% | -3.34% | View data |
| 8 | 8 Sweden | 4.04 | 2023 | +1.81% | +0.57% | View data |
| 9 | 9 Belarus | 3.98 | 2023 | +5.84% | +2.52% | View data |
| 10 | 10 Pakistan | 3.7 | 2023 | +1.23% | +0.15% | View data |
