In 2023, Thailand led the global export of Methacrylic Acid Esters in kilograms, followed by the United States and Japan. Countries such as Slovenia and Chile showed remarkable growth rates with increases of 199.08% and 137.91%, respectively. Canada and Mexico also displayed significant increases in their shares, indicating emerging markets. Germany and Poland faced declines in export shares, possibly due to competitive pressures or shifting manufacturing landscapes.
Future trends to watch include the continued rise of Asian markets, particularly Thailand and South Korea, propelled by industrial growth and technological advances. Monitoring production cost dynamics, regulatory changes, and global demand shifts will be crucial for forecasting export performance.
Top countries in Export of Methacrylic Acid Esters Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 17.07 | 2023 | +2.87% | +5.08% | View data |
| 2 | 2 United States | 16.79 | 2023 | +1.22% | +1.04% | View data |
| 3 | 3 Japan | 13.6 | 2023 | -0.43% | +1.32% | View data |
| 4 | 4 Singapore | 11.99 | 2023 | -0.37% | +0.76% | View data |
| 5 | 5 Germany | 11.19 | 2023 | -0.46% | -0.18% | View data |
| 6 | 6 Belgium | 8.73 | 2023 | +2.86% | +2.26% | View data |
| 7 | 7 Netherlands | 6.46 | 2023 | +2.52% | +0.29% | View data |
| 8 | 8 China | 6.04 | 2023 | +2.79% | +1.21% | View data |
| 9 | 9 South Korea | 5.72 | 2023 | +2.85% | +4.64% | View data |
| 10 | 10 Brazil | 4.38 | 2023 | +2.48% | +4.64% | View data |