The 2023 data on the global import of Methanal (Formaldehyde) indicates significant importing activity with Germany leading at $34.983 million, followed by Belgium and Slovenia. Over the past year, notable variations include a substantial increase from countries like Japan (13.58%), Albania (9.85%), and Azerbaijan (10.49%), while others like Romania (-26.72%) and Brazil (-20.64%) saw drastic declines. Countries such as Bulgaria, Italy, and Nigeria demonstrated strong growth, whereas the United States, Canada, and France reported declines. Future trends to watch include potential increases in imports by emerging markets and technological advancements in Methanal utilization impacting demand.
Top countries in Import of Methanal (Formaldehyde) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34,983,000 | 2023 | -1.6% | +0.031% | View data |
| 2 | 2 Belgium | 15,131,000 | 2023 | +2.81% | +0.77% | View data |
| 3 | 3 Slovenia | 14,789,000 | 2023 | +3.54% | +2.67% | View data |
| 4 | 4 Netherlands | 12,063,000 | 2023 | +2.64% | +1.52% | View data |
| 5 | 5 Nigeria | 9,590,400 | 2023 | +5.01% | +4.91% | View data |
| 6 | 6 Poland | 8,747,500 | 2023 | +3.46% | +1.72% | View data |
| 7 | 7 France | 8,325,900 | 2023 | -2.35% | -4.15% | View data |
| 8 | 8 United Arab Emirates | 6,862,500 | 2023 | +0.2% | -0.53% | View data |
| 9 | 9 Bulgaria | 4,704,800 | 2023 | +5.85% | +5.3% | View data |
| 10 | 10 Switzerland | 4,442,100 | 2023 | -0.61% | -4.73% | View data |