The Largest Import Markets for Phenols and Other Oils and Oil Products
When it comes to the global market for phenols and other oils and oil products, there are a few key players that lead the pack in terms of import value. According to data from the IndexBox market intelligence platform, the top-10 countries by import value of these products in 2023 are as follows:
- Netherlands - $3.3 billion USD
- Belgium - $1.8 billion USD
- India - $852.4 million USD
- United Kingdom - $613.7 million USD
- Germany - $592.5 million USD
- Spain - $440.5 million USD
- Gibraltar - $382.3 million USD
- Denmark - $381.9 million USD
- Italy - $350.1 million USD
- Thailand - $316.2 million USD
These countries serve as key import markets for phenols and other oils and oil products, importing significant quantities of these goods each year. Let's take a closer look at each of these markets:
1. Netherlands
The Netherlands leads the pack with an impressive import value of $3.3 billion USD in 2023. The country's strategic location and well-developed infrastructure make it a key hub for international trade, attracting businesses from around the world.
2. Belgium
Belgium follows closely behind the Netherlands, importing $1.8 billion USD worth of phenols and other oils and oil products in 2023. The country's strong manufacturing sector and open economy make it an attractive market for these goods.
3. India
India ranks third on the list with an import value of $852.4 million USD. The country's growing population and expanding industrial base drive demand for phenols and other oils and oil products, making it a key market for exporters.
4. United Kingdom
The United Kingdom imports $613.7 million USD worth of these products, making it a significant player in the global market. Despite uncertainties surrounding Brexit, the UK continues to be a key market for phenols and other oils and oil products.
5. Germany
Germany, known for its strong manufacturing sector and advanced technology, imports $592.5 million USD worth of these goods. The country's high standards for quality and innovation make it an important market for exporters.
6. Spain
Spain imports $440.5 million USD worth of phenols and other oils and oil products, positioning it as a key market in Europe. The country's diverse economy and strategic location make it an attractive market for exporters.
7. Gibraltar
With an import value of $382.3 million USD, Gibraltar is a smaller but significant player in the global market for these goods. The country's strategic location at the entrance to the Mediterranean Sea makes it a key transshipment hub.
8. Denmark
Denmark imports $381.9 million USD worth of phenols and other oils and oil products, driven by its strong maritime industry and advanced logistics infrastructure. The country's focus on sustainability and renewable energy also make it an attractive market for exporters.
9. Italy
Italy ranks ninth on the list with an import value of $350.1 million USD. The country's rich history in manufacturing and design, combined with its strong consumer base, make it a key market for phenols and other oils and oil products.
10. Thailand
Thailand rounds out the top-10 with an import value of $316.2 million USD. The country's growing economy, strategic location in Southeast Asia, and well-developed infrastructure make it an attractive market for exporters.
Overall, these top import markets play a key role in driving the global trade of phenols and other oils and oil products. As demand for these goods continues to grow around the world, exporters will look to these countries as key markets for their products.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
