In 2023, Belgium led the European import market for oxygen-function amino-compounds, excluding lysine and glutamic acid, with a significant share, followed closely by the Netherlands and Germany. France showed the strongest growth among the top countries, increasing its share by 6.22% year-on-year. Contrastive trends were noted in Finland, Lithuania, and Sweden, which each experienced a decline in their import shares. Countries like Romania, Croatia, and Luxembourg demonstrated dramatic growth, with Romania and Croatia particularly illustrating the strongest upward trends.
Future trends to watch in 2024 involve continued scrutiny of variations across countries, especially the expansion in Eastern European nations. Furthermore, fluctuations in specific countries' import shares will depend on economic factors, regional demands, and global supply chain changes. Monitoring environmental regulations affecting chemicals and potential shifts in trade agreements could play central roles in shaping upcoming market dynamics.
Top countries in Import of Oxygen-Function Amino-Compounds, Except Lysine and Glutamic Acid Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 18.27 | 2023 | +10.28% | +3.96% | View data |
| 2 | 2 Netherlands | 16.56 | 2023 | +4.84% | +4.04% | View data |
| 3 | 3 Germany | 12.85 | 2023 | +3.38% | +3.24% | View data |
| 4 | 4 France | 10.64 | 2023 | +3.29% | +6.22% | View data |
| 5 | 5 Spain | 9.81 | 2023 | +2.77% | +0.9% | View data |
| 6 | 6 United Kingdom | 7.84 | 2023 | +1.14% | +3.03% | View data |
| 7 | 7 Italy | 7.68 | 2023 | +3.96% | +0.77% | View data |
| 8 | 8 Poland | 4.17 | 2023 | +3.86% | +4.84% | View data |
| 9 | 9 Denmark | 2.08 | 2023 | +5.77% | +3.78% | View data |
| 10 | 10 Hungary | 1.29 | 2023 | +4.58% | +9.28% | View data |
