The global export of Hydroquinone in 2023 was dominated by the United States, with a significant lead in market value. Other major exporters included the Netherlands, Germany, India, and China. The annual variation reflected mixed trends with notable growth in Brazil, Portugal, and Malaysia, while countries like China, Spain, and Canada experienced a decline. The Compound Annual Growth Rate (CAGR) over the last five years highlighted consistent performers like Poland and Switzerland, suggesting positive momentum in these regions.
Future trends to watch include:
- The impact of environmental regulations on production and exports.
- Technological advancements in manufacturing processes.
- Shifts in global demand influenced by market diversification and economic policies.
- Potential geopolitical tensions affecting international trade dynamics.
Top countries in Export of Hydroquinone (Quinol) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 70,267,000 | 2023 | +2.39% | +2.3% | View data |
| 2 | 2 Netherlands | 13,609,000 | 2023 | +2.63% | +3.65% | View data |
| 3 | 3 Germany | 12,009,000 | 2023 | +2.65% | +2.92% | View data |
| 4 | 4 India | 11,332,000 | 2023 | +1.58% | +0.6% | View data |
| 5 | 5 China | 10,557,000 | 2023 | -0.76% | -2.36% | View data |
| 6 | 6 Belgium | 9,740,000 | 2023 | +3.09% | +2.18% | View data |
| 7 | 7 United Kingdom | 4,227,500 | 2023 | +2.44% | +1.92% | View data |
| 8 | 8 Brazil | 280,540 | 2023 | +3.15% | +4.37% | View data |
| 9 | 9 Ivory Coast | 225,190 | 2023 | +1.19% | -1.71% | View data |
| 10 | 10 Russia | 205,200 | 2023 | +3.99% | +4.97% | View data |
