In 2023, the global import of halides and halide oxides of non-metals was led by China, South Korea, and Singapore, contributing significantly to the market with a year-on-year growth noted prominently in China and Singapore at 4.17% and 4.31%, respectively. The United States also saw a moderate increase of 2.65% while European countries like Belgium and Germany faced declines. A remarkable growth was observed in smaller markets such as Myanmar and Namibia with year-on-year increases of 24.7% and 36.47% respectively, indicating emerging demands in these regions.
Looking forward, market observers should consider shifts in the geopolitical landscape, technological advancements affecting supply chains, and renewable energy trends that may impact demand for these compounds globally. Additionally, economic developments could influence import volumes in rapidly industrializing regions, potentially reshaping the market dynamics of halides and halide oxides of non-metals. Watch for Asia-Pacific countries' continued dominance and increasing activity in emerging economies, which could further drive sector growth.
Top countries in Import of Halides and Halide Oxides of Non-Metals by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 64,973,000 | 2023 | +2.8% | +4.17% | View data |
| 2 | 2 South Korea | 63,584,000 | 2023 | -1.49% | -1.28% | View data |
| 3 | 3 Singapore | 46,502,000 | 2023 | +3.26% | +4.31% | View data |
| 4 | 4 Japan | 42,706,000 | 2023 | +3.37% | +1.9% | View data |
| 5 | 5 United States | 36,439,000 | 2023 | +3.28% | +2.65% | View data |
| 6 | 6 Belgium | 11,505,000 | 2023 | -1.87% | -1.94% | View data |
| 7 | 7 France | 11,035,000 | 2023 | -1.04% | -0.27% | View data |
| 8 | 8 Germany | 9,281,000 | 2023 | -2.99% | -1.77% | View data |
| 9 | 9 Switzerland | 8,380,200 | 2023 | +2.72% | +3.17% | View data |
| 10 | 10 Malaysia | 6,296,600 | 2023 | -1.07% | +1.41% | View data |
