The Netherlands leads global benzoic acid exports in 2023, slightly ahead of China, with both countries experiencing modest year-on-year growth. The United States and Estonia, once significant players, saw declines, contrasting with India's notable growth. France, Belgium, and the United Kingdom reported remarkable increases, while Japan faced a downturn. Other European countries like Poland and Romania showed potential with positive growth trajectories. Strengths emerged from rapid growth in the UAE, Israel, and Latvia, while Senegal witnessed an impressive surge.
Looking ahead, Asia-Pacific and Europe are expected to maintain dominance, with potential shifts from expanding Southeast Asian markets and the stabilization of currently fluctuating European regions. Observing fluctuations in major markets and identifying emerging exporters are key future trends to monitor.
Top countries in Export of Benzoic Acid by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 148,140,000 | 2023 | +1.79% | +1.22% | View data |
| 2 | 2 China | 144,610,000 | 2023 | +2.8% | +1.67% | View data |
| 3 | 3 United States | 50,089,000 | 2023 | -0.27% | -0.67% | View data |
| 4 | 4 Estonia | 49,718,000 | 2023 | +0.56% | -0.71% | View data |
| 5 | 5 India | 38,483,000 | 2023 | +3.21% | +2.5% | View data |
| 6 | 6 France | 32,714,000 | 2023 | +3.06% | +4.19% | View data |
| 7 | 7 Germany | 31,934,000 | 2023 | +1.12% | +0.57% | View data |
| 8 | 8 Belgium | 23,750,000 | 2023 | +2.53% | +5.12% | View data |
| 9 | 9 United Kingdom | 16,617,000 | 2023 | +1.14% | +3.17% | View data |
| 10 | 10 Italy | 9,179,600 | 2023 | +0.12% | -0.94% | View data |
