In 2023, Germany led European imports of esters of salicylic acid and their salts, controlling nearly 25.19% of the market, followed by the Netherlands and the United Kingdom, with 22.96% and 21.26%, respectively. Overall, Western European countries dominate the import shares, contributing significantly to the region's totals.
The past year saw mixed trends, with notable increases in Poland (12.78%), Hungary (45.29%), and Finland (29.17%), while Romania and Cyprus experienced declines of -14.71% and -35.69%, respectively. The Compound Annual Growth Rate (CAGR) for the last five years highlights steady growth in Germany, the Netherlands, and France.
Future trends to watch include potential shifts in import shares due to changes in regional demand, manufacturing advancements, and regulatory changes, potentially impacting Eastern European emerging markets.
Top countries in Import of Esters of Salicylic Acid and Their Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.19 | 2023 | +5.65% | +2.48% | View data |
| 2 | 2 Netherlands | 22.96 | 2023 | +5.15% | +7.57% | View data |
| 3 | 3 United Kingdom | 21.26 | 2023 | +3.04% | +2.17% | View data |
| 4 | 4 Spain | 10.7 | 2023 | +4.43% | +2.75% | View data |
| 5 | 5 France | 8.59 | 2023 | +8.55% | +2.52% | View data |
| 6 | 6 Italy | 3.22 | 2023 | +1.57% | +0.43% | View data |
| 7 | 7 Belgium | 2.78 | 2023 | +12.31% | -0.25% | View data |
| 8 | 8 Poland | 1.78 | 2023 | +3.16% | +12.78% | View data |
| 9 | 9 Greece | 0.8 | 2023 | +5.69% | +0.78% | View data |
| 10 | 10 Denmark | 0.51 | 2023 | +20.82% | -13.17% | View data |
