South Korea continues to dominate the global export of Phthalic Anhydride, although it experienced a slight decrease of 0.35% in 2023. Belgium, Italy, and Russia follow, with Italy and Belarus showing positive growth, while the rest experienced declines.
Germany and China displayed a notable positive gain, with Germany growing by 4.03% and China by 2.2%. In contrast, significant declines were observed in the United States, Canada, and the Netherlands, with some of these nearing double-digit reductions. Emerging markets like Croatia demonstrated remarkable growth, indicating potential future leaders in the sector.
In looking ahead, watch for shifts in demand driven by global manufacturing needs, potential geopolitical impacts, and environmental regulations affecting production capacities. Growth opportunities may arise in countries showing positive momentum and strategic partnership expansions.
Top countries in Export of Phthalic Anhydride by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 182,350,000 | 2023 | +0.47% | -0.35% | View data |
| 2 | 2 Belgium | 90,273,000 | 2023 | -0.18% | -0.11% | View data |
| 3 | 3 Italy | 49,263,000 | 2023 | +1.68% | +1.27% | View data |
| 4 | 4 Russia | 47,846,000 | 2023 | +0.29% | -1.04% | View data |
| 5 | 5 Belarus | 45,062,000 | 2023 | +4.3% | +1.83% | View data |
| 6 | 6 Germany | 37,779,000 | 2023 | +3.67% | +4.03% | View data |
| 7 | 7 Austria | 36,845,000 | 2023 | -1.99% | -3.41% | View data |
| 8 | 8 Japan | 35,594,000 | 2023 | -1.58% | -2.51% | View data |
| 9 | 9 China | 30,892,000 | 2023 | +5.97% | +2.2% | View data |
| 10 | 10 Thailand | 27,825,000 | 2023 | +4.61% | +6.4% | View data |
