In 2023, Belgium held the highest share in global exports of acrylic acid esters, followed closely by Germany and China. The United States and South Korea formed part of the top five exporters. Notable year-on-year trends included a significant growth in exports by Russia and Brazil, while Singapore and Spain experienced large declines. Poland and Canada also showed remarkable increases, albeit from smaller bases. Over the last five years, diverse growth patterns emerged, with countries like Estonia and Luxembourg demonstrating substantial positive trends.
Looking forward into 2024 and beyond, key trends include emerging market expansion, particularly in Brazil and India, while traditional exporters such as Belgium and Germany may face stabilization or decline. Sustainability concerns and shifts in manufacturing bases may influence future export dynamics. Monitoring geopolitical factors, environmental regulations, and advancements in production technology will be crucial for potential impacts on global trade flows.
Top countries in Export of Acrylic Acid Esters Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 18.66 | 2023 | +0.4% | -0.69% | View data |
| 2 | 2 Germany | 16.51 | 2023 | +0.21% | -0.23% | View data |
| 3 | 3 China | 15.45 | 2023 | +3.81% | +2.38% | View data |
| 4 | 4 United States | 13.25 | 2023 | -2.58% | -3.16% | View data |
| 5 | 5 South Korea | 8.33 | 2023 | +1.3% | +0.39% | View data |
| 6 | 6 Japan | 5.3 | 2023 | +0.95% | +0.68% | View data |
| 7 | 7 Russia | 4.38 | 2023 | +4.69% | +3.11% | View data |
| 8 | 8 South Africa | 2.98 | 2023 | -1.02% | -2.11% | View data |
| 9 | 9 Saudi Arabia | 2.6 | 2023 | +6.49% | +1.87% | View data |
| 10 | 10 Czech Republic | 2.44 | 2023 | -2.02% | -3.88% | View data |
