China leads the global import of benzene with a share of 34.37% and has experienced significant growth (5.27%). The United States and Belgium follow with shares of 15.71% and 9.7% respectively. While the US showed a minor decline (-0.33%), Belgium saw a moderate increase (1.99%). Among other notable countries, the Netherlands observed a steady rise (1.4%), and Saudi Arabia exhibited consistent growth (1.13%). Conversely, Japan (-2.07%) and Malaysia (-3.3%) experienced declines. Smaller importers like Poland (-25.71%) and Switzerland (-33.08%) faced significant drops, whereas countries like Greece (110.84%) and El Salvador (27.3%) saw remarkable increases.
Future trends to watch include China's continued dominance and potential for further growth, bolstered by industrial activities. Emerging markets like Thailand and Myanmar may see increased shares attributed to industrial expansion. Countries with declining shares such as Japan and Malaysia may need strategic shifts to stabilize their imports. Monitoring geopolitical developments and environmental regulations will also be crucial for forecasting benzene import patterns.
Top countries in Import of Benzene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 34.37 | 2023 | +5.17% | +5.27% | View data |
| 2 | 2 United States | 15.71 | 2023 | +0.38% | -0.33% | View data |
| 3 | 3 Belgium | 9.7 | 2023 | +1.15% | +1.99% | View data |
| 4 | 4 Netherlands | 8.31 | 2023 | +1.29% | +1.4% | View data |
| 5 | 5 Saudi Arabia | 6.7 | 2023 | +1.44% | +1.13% | View data |
| 6 | 6 Germany | 3.98 | 2023 | -0.92% | -0.23% | View data |
| 7 | 7 Spain | 3.09 | 2023 | -1.06% | +0.26% | View data |
| 8 | 8 Indonesia | 2.91 | 2023 | +2.15% | +1.85% | View data |
| 9 | 9 France | 2.41 | 2023 | +2.26% | +0.5% | View data |
| 10 | 10 Portugal | 2.18 | 2023 | +3.34% | +2.92% | View data |
