The global export of salts and esters of citric acid is dominated by China, Germany, and Belgium, accounting for over 70% of the market share. China leads with nearly 40% of the share, displaying a steady growth of 2.86%. Germany and the United States also show positive monthly trends, while countries like Ireland and Colombia experienced declines. Smaller exporters such as Thailand and Palestine display higher growth rates. Over five years, Finland, Costa Rica, and Macedonia showed significant upticks, while Mexico and Slovakia saw steep declines.
Future trends to watch include continued consolidation led by China and Germany. Growth from emerging markets like Thailand and Costa Rica could diversify share distributions, while the overall industry might be influenced by changes in global trade policies and sustainability demands.
Top countries in Export of Salts and Esters of Citric Acid Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38.08 | 2023 | +3.3% | +2.86% | View data |
| 2 | 2 Germany | 25.61 | 2023 | +2.41% | +2.33% | View data |
| 3 | 3 Belgium | 10.9 | 2023 | +2.36% | +1.91% | View data |
| 4 | 4 United States | 6.38 | 2023 | +1.45% | +2.85% | View data |
| 5 | 5 Netherlands | 4.04 | 2023 | +2.21% | +4.89% | View data |
| 6 | 6 France | 3.43 | 2023 | +5.86% | +1.64% | View data |
| 7 | 7 India | 2.63 | 2023 | +3.7% | +2.98% | View data |
| 8 | 8 Ireland | 1.77 | 2023 | -2.16% | -0.51% | View data |
| 9 | 9 Colombia | 1.61 | 2023 | -0.11% | -0.052% | View data |
| 10 | 10 Spain | 1.12 | 2023 | +3.06% | +3% | View data |
