In 2023, China led the global imports of aromatic hydrocarbon mixtures from coal tar, holding a significant share with a consistent year-on-year growth of 8.73%. The Netherlands, Ecuador, and Belgium followed, each showing moderate growth, except Belgium which experienced a notable expansion of 4.84%. Germany and South Korea also showcased growth with 0.91% and 8.41% respectively. Notable declines were observed in France and Austria, with -15.23% and -13.82% respectively, reflecting regional market adjustments. Meanwhile, Switzerland and Serbia experienced the highest gain with 17.66% and 17.51% respectively, indicating potential emerging market niches.
Future trends to watch include the predicted surge in demand from Asian markets, particularly with China's increasing industrial activities. Expanding industries in South America, as seen in Ecuador, may drive further market share diversification. Fluctuations in global policies on coal tar utilization and environmental regulations will also significantly impact future import dynamics and competitiveness.
Top countries in Import of Aromatic Hydrocarbon Mixtures from Coal Tar Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.99 | 2023 | +2.91% | +8.73% | View data |
| 2 | 2 Netherlands | 17.38 | 2023 | +1.5% | +1.61% | View data |
| 3 | 3 Ecuador | 14.01 | 2023 | +2.61% | +2.73% | View data |
| 4 | 4 Belgium | 8.31 | 2023 | +3.02% | +4.84% | View data |
| 5 | 5 Indonesia | 4.2 | 2023 | +6.15% | +5.28% | View data |
| 6 | 6 India | 2.52 | 2023 | +5.51% | +4.11% | View data |
| 7 | 7 Germany | 2.18 | 2023 | -1.71% | +0.91% | View data |
| 8 | 8 South Korea | 2.06 | 2023 | +3.47% | +8.41% | View data |
| 9 | 9 Thailand | 1.87 | 2023 | +4.28% | +5.53% | View data |
| 10 | 10 Estonia | 1.73 | 2023 | +4.33% | +3.26% | View data |
