In 2023, France led the global import of methacrylic acid at $55.794M, with Malaysia and China closely following. The import data reveals varying year-on-year growth rates, with the United Arab Emirates (5.36%), Portugal (5.44%), and Chile (11.43%) showing significant increases, while countries like Japan (-9.93%) and Denmark (-10.93%) experienced import declines. Notably, high growth rates were observed in smaller import markets like Paraguay (13.77%) and Bahrain (9.71%), reflecting localized demand shifts.
Future trends to watch include potential shifts due to regulatory changes, advancements in alternative materials, and economic factors influencing manufacturing and construction sectors which largely drive methacrylic acid demand globally.
Top countries in Import of Methacrylic Acid and Its Salts by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 55,794,000 | 2023 | +2.77% | +0.9% | View data |
| 2 | 2 Malaysia | 47,104,000 | 2023 | +4.05% | +2.35% | View data |
| 3 | 3 China | 44,358,000 | 2023 | +2.82% | +3.7% | View data |
| 4 | 4 Belgium | 39,855,000 | 2023 | +2.48% | +1.07% | View data |
| 5 | 5 India | 39,011,000 | 2023 | +4.08% | +2.97% | View data |
| 6 | 6 United Kingdom | 25,256,000 | 2023 | +2.5% | +1% | View data |
| 7 | 7 Brazil | 22,261,000 | 2023 | +3.22% | +1.63% | View data |
| 8 | 8 Spain | 18,124,000 | 2023 | +4.14% | +2.93% | View data |
| 9 | 9 Italy | 16,594,000 | 2023 | +1.02% | -0.62% | View data |
| 10 | 10 Netherlands | 15,004,000 | 2023 | +3.61% | +2.31% | View data |
