The United States and China lead global silicone exports, contributing significantly to the market with modest growth rates of 1.92% and 3.28%, respectively. Notably, emerging exporters like Pakistan and Belarus have shown remarkable year-on-year increases, whereas countries such as Estonia and Israel faced declining trends. The CAGR over the past five years highlights steady growth in developing regions contributing to a dynamic export landscape.
Looking forward, trends to watch include increasing demand in developing countries as industrial applications expand, coupled with potential supply chain innovations and strategic trade partnerships that could reshape market shares globally.
Top countries in Export of Silicones by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,436,400,000 | 2023 | +1.63% | +1.92% | View data |
| 2 | 2 China | 1,295,500,000 | 2023 | +5.34% | +3.28% | View data |
| 3 | 3 Japan | 824,090,000 | 2023 | +1.19% | -0.87% | View data |
| 4 | 4 Belgium | 664,710,000 | 2023 | +1.81% | +0.99% | View data |
| 5 | 5 United Kingdom | 596,750,000 | 2023 | +1.52% | +0.42% | View data |
| 6 | 6 South Korea | 354,970,000 | 2023 | +2.96% | +2.39% | View data |
| 7 | 7 Thailand | 286,820,000 | 2023 | +3.17% | +2.08% | View data |
| 8 | 8 Netherlands | 199,610,000 | 2023 | -3.8% | -4.15% | View data |
| 9 | 9 Italy | 116,620,000 | 2023 | +1.17% | +1.49% | View data |
| 10 | 10 Canada | 105,340,000 | 2023 | +3.64% | +3.91% | View data |
