The global export share of acrylic acid and its salts in 2023 is led by Saudi Arabia, accounting for 29.52% of total exports, followed by China and Germany at 19.58% and 14.46%, respectively. The United States and Brazil show a declining trend, with the U.S. recording a 4.53% year-on-year decrease. In contrast, Japan and Poland have gained significant momentum with increases of 16.76% and 15.65%, respectively. Key emerging growth countries include Austria and Sweden, which have seen notable percentage gains over the past year. The five-year CAGR indicates a general balance between growers and decliners across the market.
Looking ahead, the industry may see increased exports from countries with strategic investments in chemical manufacturing capabilities, such as Saudi Arabia and China. Additionally, environmental regulations and technological advancements could play a crucial role in shaping future global trade dynamics for acrylic acid and its salts.
Top countries in Export of Acrylic Acid and Its Salts Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 29.52 | 2023 | +5.1% | +6.56% | View data |
| 2 | 2 China | 19.58 | 2023 | +4.12% | +2.21% | View data |
| 3 | 3 Germany | 14.46 | 2023 | +0.34% | -0.36% | View data |
| 4 | 4 Belgium | 11.54 | 2023 | -0.67% | +1.31% | View data |
| 5 | 5 Japan | 10.07 | 2023 | +3.38% | +16.76% | View data |
| 6 | 6 Malaysia | 5.07 | 2023 | -4.2% | -2.09% | View data |
| 7 | 7 Indonesia | 4.23 | 2023 | +1.06% | +1.19% | View data |
| 8 | 8 Russia | 3.67 | 2023 | +6.47% | +3% | View data |
| 9 | 9 United States | 3.54 | 2023 | -4.5% | -4.53% | View data |
| 10 | 10 Brazil | 3.42 | 2023 | +5.23% | +10.71% | View data |
