In 2023, India leads global naphthols imports, with Japan and the United States trailing significantly. South Africa, while smaller in absolute terms, shows a substantial growth of 7.64% year-on-year. Eastern Europe and some South American countries like Colombia and Ecuador demonstrate moderate growth rates. Conversely, Germany and several Asian countries, notably South Korea, exhibit declines. Outliers include Hungary and Qatar, with Qatar showing an impressive year-on-year growth of 84.29%, marking a significant increase possibly due to industry expansion or demand shifts.
Looking ahead, future trends to watch involve potential shifts in import dynamics due to geopolitical tensions, changes in global demand for naphthols, and innovations in manufacturing processes. Increasing environmental regulations could also shape import patterns, as countries strive for more sustainable chemical usage.
Top countries in Import of Naphthols by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 59,836,000 | 2023 | +3% | +2.38% | View data |
| 2 | 2 Japan | 14,973,000 | 2023 | +3.6% | +3.67% | View data |
| 3 | 3 United States | 11,296,000 | 2023 | +2.5% | +1.35% | View data |
| 4 | 4 South Africa | 3,615,800 | 2023 | +5.7% | +7.64% | View data |
| 5 | 5 Russia | 1,600,900 | 2023 | +1.22% | +0.57% | View data |
| 6 | 6 Italy | 1,456,900 | 2023 | +1.16% | -0.34% | View data |
| 7 | 7 Germany | 1,447,800 | 2023 | -3.88% | -5.46% | View data |
| 8 | 8 Colombia | 1,391,400 | 2023 | +2.7% | +3.42% | View data |
| 9 | 9 Ivory Coast | 1,173,700 | 2023 | +4.37% | +1.78% | View data |
| 10 | 10 Brazil | 635,010 | 2023 | -2.52% | -1.35% | View data |
