As of 2023, Germany leads the global export market for mono- or di-sodium phosphates with a value share of $31.18 million, experiencing a year-on-year growth of 2.32%. China follows with $25.6 million and a 4.19% growth, while Sweden, France, and the United States have varied performances, with Sweden growing by 2.35%, France declining by 1.17%, and the US slightly rising by 1.72%. Japan and Mexico show significant growths of 5.72% and 5.23% respectively.
Notably, Bulgaria (19.57%), Poland (7.71%), and Brazil (9.79%) exhibit strong year-on-year gains, highlighting their growing presence in the market. On the contrary, notable declines are observed in Australia (-15.09%), Austria (-33.12%), and the United Arab Emirates (-17.26%).
The Compound Annual Growth Rate (CAGR) over the past five years indicates moderate but stable growth across the primary exporting countries.
Future trends to watch include the increasing demand from emerging markets such as India and Brazil, driven by their industrial growth. Environmental regulations and shifts towards sustainable production could also influence future export dynamics, possibly affecting both export volumes and values.
Top countries in Export of Mono- or Di-Sodium Phosphates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.18 | 2023 | +2.47% | +2.32% | View data |
| 2 | 2 China | 25.6 | 2023 | +3.89% | +4.19% | View data |
| 3 | 3 Sweden | 8.96 | 2023 | +5.1% | +2.35% | View data |
| 4 | 4 France | 6.41 | 2023 | -0.17% | -1.17% | View data |
| 5 | 5 United States | 5.99 | 2023 | -0.95% | +1.72% | View data |
| 6 | 6 Thailand | 4.32 | 2023 | -0.014% | -1.03% | View data |
| 7 | 7 Belgium | 2.83 | 2023 | +4.16% | +2.65% | View data |
| 8 | 8 Japan | 2.36 | 2023 | +2.75% | +5.72% | View data |
| 9 | 9 Mexico | 1.61 | 2023 | +3.49% | +5.23% | View data |
| 10 | 10 Switzerland | 1.33 | 2023 | +3.06% | -0.86% | View data |
