The 2023 data shows China dominating the global export of salicylic acid and its salts with 77.46% share, with India (5.92%) and Brazil (3.34%) falling far behind. Year-on-year, countries like China and India saw marginal growth, while the Netherlands experienced a significant increase of 33.37%. Germany, the United States, and Belgium reflected declining trends. Macedonia had an exceptional surge in exports, up by 106.37%. The Compound Annual Growth Rate (CAGR) over five years shows general stability in major exporting countries, although variations persist in smaller markets.
Future trends point towards further expansion in emerging markets and continued dominance by China, with potential growth in India. Monitoring shifts in trade policies, global demand in sectors using salicylic acid, and developments in sourcing could further reshape export patterns in coming years.
Top countries in Export of Salicylic Acid, Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 77.46 | 2023 | +3.85% | +3.21% | View data |
| 2 | 2 India | 5.92 | 2023 | +3.35% | +3.5% | View data |
| 3 | 3 Brazil | 3.34 | 2023 | -22.33% | -15.13% | View data |
| 4 | 4 Germany | 2.58 | 2023 | -0.27% | -1.34% | View data |
| 5 | 5 Spain | 1.3 | 2023 | +3.83% | +4.57% | View data |
| 6 | 6 United Kingdom | 1.23 | 2023 | +0.34% | -1.58% | View data |
| 7 | 7 Netherlands | 1.23 | 2023 | +2.63% | +33.37% | View data |
| 8 | 8 United States | 1.17 | 2023 | -2.76% | -7.21% | View data |
| 9 | 9 Belgium | 0.29 | 2023 | -0.97% | -3.35% | View data |
| 10 | 10 United Arab Emirates | 0.25 | 2023 | +6.28% | +1.37% | View data |
