The global export of amino-resins by country in 2023 showed significant variations, with China, Belgium, and Germany holding the largest shares. Notably, China's share has grown by 5.13%, demonstrating its dominance in the market. Other significant growth contributors include Hungary and South Korea. Conversely, Japan and France experienced declines by -3.61% and -7.23%, respectively. Emerging markets like South Africa and Peru saw significant increases, with South Africa witnessing an 11.04% rise. A notable decline is observed in Ukraine and Malta's shares, by -41.08% and -46.19%, respectively.
Future trends to watch include China's continued growth in the export market, potentially expanding its market share even further. Additionally, the growth trends in emerging countries like South Korea and Hungary suggest potential increased competition. Countries experiencing negative growth, such as Japan and France, may require strategic shifts to regain market presence.
Top countries in Export of Amino-Resins Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 18.97 | 2023 | +4.92% | +5.13% | View data |
| 2 | 2 Belgium | 15.97 | 2023 | +2.99% | +2.57% | View data |
| 3 | 3 Germany | 14.59 | 2023 | +3.68% | +3.89% | View data |
| 4 | 4 Netherlands | 13.43 | 2023 | +3.97% | +4.2% | View data |
| 5 | 5 South Korea | 8.5 | 2023 | +4.3% | +4.31% | View data |
| 6 | 6 Hungary | 6.51 | 2023 | +4.57% | +5.36% | View data |
| 7 | 7 United States | 6.37 | 2023 | +0.15% | +0.14% | View data |
| 8 | 8 Portugal | 4.22 | 2023 | +3.37% | +3.33% | View data |
| 9 | 9 Japan | 4.19 | 2023 | +0.77% | -3.61% | View data |
| 10 | 10 Spain | 2.55 | 2023 | +1.63% | +4.14% | View data |
