In 2023, China dominated the global naphthol export market, holding a significant share, followed by India. Despite a slight year-on-year growth, China maintained its leadership position. India experienced an impressive gain while European countries like Italy, Germany, and the Netherlands saw declines. Notably, Greece and Bulgaria exhibited strong growth, albeit from low bases. Emerging and smaller markets like the United Arab Emirates, Russia, and Croatia faced declines, indicating challenges in these regions.
Looking ahead, continued growth for India could reshape market dynamics. Monitoring economic policies and trade relations, particularly in Europe, will be crucial as they may influence future trends and affect diversification in the naphthols market.
Top countries in Export of Naphthols Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 71.13 | 2023 | +2.49% | +1.31% | View data |
| 2 | 2 India | 20.67 | 2023 | +2.85% | +8.55% | View data |
| 3 | 3 Italy | 2.67 | 2023 | +1.22% | -5.31% | View data |
| 4 | 4 Singapore | 0.91 | 2023 | +5.43% | -0.51% | View data |
| 5 | 5 Germany | 0.47 | 2023 | -1.92% | -4.75% | View data |
| 6 | 6 Netherlands | 0.42 | 2023 | +2.94% | -0.43% | View data |
| 7 | 7 Poland | 0.37 | 2023 | +4.12% | -12.9% | View data |
| 8 | 8 United Arab Emirates | 0.14 | 2023 | -3.29% | -10.18% | View data |
| 9 | 9 Switzerland | 0.091 | 2023 | +0.45% | +5.88% | View data |
| 10 | 10 France | 0.048 | 2023 | -1.56% | -1.32% | View data |
