In 2023, Belgium was the leading European exporter of Tetrahydrofuran, 2-Furaldehyde, Furfuryl Alcohol, Tetrahydrofurfuryl Alcohol, and Piperonal, accounting for a substantial share of the exports, with a year-on-year increase of 2.91%. The Netherlands and Germany followed, though with decreases of 5.67% and 0.12%, respectively. Italy and Slovenia showed growth rates of 3.17% and 4.18%. Conversely, countries like the United Kingdom, Spain, and France experienced declines. Greece’s exports surged by 34.6%, contrasting sharply with Lithuania’s 36.08% drop. The five-year CAGR denotes varying trends, with overall stability in major exporters but volatility in minor ones.
Future trends to watch include potential shifts in global demand affecting European exports. Sustainable production practices and increased regulatory pressures might influence the sector. Vigilance is advised on the emerging markets' consumption patterns and trade policies, as these could impact the export dynamics significantly over the next few years.
Top countries in Export of Tetrahydrofuran, 2-Furaldehyde, Furfuryl Alcohol, Tetrahydrofurfuryl Alcohol and Piperonal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 69.98 | 2023 | +10.01% | +2.91% | View data |
| 2 | 2 Netherlands | 18.13 | 2023 | +0.47% | -5.67% | View data |
| 3 | 3 Germany | 8.65 | 2023 | -15.94% | -0.12% | View data |
| 4 | 4 Italy | 4.01 | 2023 | +6.3% | +3.17% | View data |
| 5 | 5 Slovenia | 2.64 | 2023 | +1.76% | +4.18% | View data |
| 6 | 6 United Kingdom | 2.24 | 2023 | -5.91% | -2.31% | View data |
| 7 | 7 Spain | 1.43 | 2023 | +92.81% | -1.6% | View data |
| 8 | 8 France | 0.68 | 2023 | -6.07% | -4.6% | View data |
| 9 | 9 Poland | 0.13 | 2023 | +3.35% | +4.51% | View data |
| 10 | 10 Austria | 0.048 | 2023 | +1.26% | -5.99% | View data |
