In 2023, Saudi Arabia led the global import of resinoids, showing a year-on-year increase of 4.1%, followed by the United States with a 2.44% increase, and Singapore with a slight rise of 0.62%. Noteworthy growth was observed in Oman (10.27%), Malaysia (6.86%), Slovenia (14.58%), Greece (8.7%), Lebanon (8.6%), and Morocco (45.63%). Conversely, significant declines were seen in South Korea (-13.48%), Belgium (-14.23%), and Sweden (-39.91%). Zimbabwe experienced an exceptional surge of 312.36%, although from a low base. Over the past five years, the average annual variation (CAGR) has provided insight into consistent trends and emerging patterns.
Future trends to watch include the continued growth in emerging markets such as Oman, Slovenia, and Zimbabwe, driven by increasing industrial applications of resinoids. The fluctuating imports in established markets like the United Kingdom and Canada signal potential shifts in trade policies and economic conditions. Additionally, geopolitical factors, sustainability initiatives, and technological advancements in resinoid production and application will play key roles in shaping the global import landscape.
Top countries in Import of Resinoids by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Saudi Arabia | 18,109,000 | 2023 | +4.68% | +4.1% | View data |
2 | 2 United States | 11,290,000 | 2023 | +2.41% | +2.44% | View data |
3 | 3 Singapore | 5,874,600 | 2023 | +3.23% | +0.62% | View data |
4 | 4 France | 5,763,200 | 2023 | +3.53% | +2.18% | View data |
5 | 5 Oman | 4,060,800 | 2023 | +5.73% | +10.27% | View data |
6 | 6 Germany | 3,663,600 | 2023 | +2.19% | +0.57% | View data |
7 | 7 United Kingdom | 3,327,400 | 2023 | -2.67% | -1.59% | View data |
8 | 8 India | 3,075,700 | 2023 | +0.4% | +0.8% | View data |
9 | 9 Malaysia | 2,874,200 | 2023 | +5.23% | +6.86% | View data |
10 | 10 Spain | 2,272,700 | 2023 | +1.67% | +0.99% | View data |