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World - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 1, 2024

Exploring the Top Import Markets for Silicone Around the World

Silicone is a versatile material that is used in a wide range of industries, from automotive to construction to healthcare. As a result, the global demand for silicone has been steadily increasing, leading to a growing import market for this valuable commodity. In this article, we will take a closer look at the top import markets for silicone around the world, based on data from the IndexBox market intelligence platform.

1. China

With an import value of 785.2 million USD in 2023, China stands as the world's largest import market for silicone. The country's booming manufacturing sector, coupled with its rapidly growing consumer market, has fueled the demand for silicone products. China's import market for silicone is expected to continue to grow in the coming years, making it an attractive destination for silicone exporters.

2. Netherlands

The Netherlands comes in second place with an import value of 664.5 million USD in 2023. The country's strategic location in Europe, as well as its advanced infrastructure and logistics network, make it a key hub for silicone imports. The Netherlands serves as a gateway to the European market, making it an important destination for silicone exporters looking to reach customers in the region.

3. United States

The United States ranks third in terms of silicone imports, with a total import value of 663.5 million USD in 2023. The country's diverse economy and well-established manufacturing sector drive the demand for silicone products across various industries. The U.S. market offers lucrative opportunities for silicone exporters looking to tap into the North American market.

4. Belgium

Belgium holds the fourth spot on the list, with an import value of 620.3 million USD in 2023. The country's strong economic ties with its European neighbors, as well as its well-developed logistics and transportation infrastructure, make it an attractive destination for silicone exporters. Belgium serves as a key entry point to the European market, offering access to a wide range of industries and customers.

5. South Korea

South Korea ranks fifth in terms of silicone imports, with a total import value of 618.0 million USD in 2023. The country's advanced technology sector and strong manufacturing base drive the demand for high-quality silicone products. South Korea offers a dynamic market for silicone exporters looking to expand their presence in the Asian region.

6. Germany

Germany is the sixth largest import market for silicone, with a total import value of 529.6 million USD in 2023. The country's robust industrial sector and sophisticated manufacturing capabilities create a strong demand for silicone products. Germany's central location in Europe, coupled with its high purchasing power, make it an appealing market for silicone exporters.

7. Italy

Italy holds the seventh spot on the list, with an import value of 390.2 million USD in 2023. The country's diversified economy and strong focus on innovation drive the demand for silicone products. Italy offers a vibrant market for silicone exporters looking to establish a presence in the European market.

8. Mexico

Mexico ranks eighth in terms of silicone imports, with a total import value of 317.1 million USD in 2023. The country's growing manufacturing sector and close proximity to the U.S. market create opportunities for silicone exporters looking to tap into the North American market. Mexico's strategic location in the region makes it an attractive destination for silicone exporters.

9. France

France comes in ninth place with an import value of 312.9 million USD in 2023. The country's diverse economy and well-established industrial base drive the demand for silicone products across various industries. France offers a well-developed market for silicone exporters looking to expand their presence in the European market.

10. India

India rounds out the list as the tenth largest import market for silicone, with a total import value of 310.4 million USD in 2023. The country's rapidly growing economy and expanding manufacturing sector create opportunities for silicone exporters looking to enter the Indian market. India offers a dynamic market for silicone products, with a growing demand from various industries.

Overall, the global import market for silicone is robust and diverse, with a wide range of opportunities for exporters looking to tap into the growing demand for this versatile material. By targeting key markets such as China, the Netherlands, the United States, and others, silicone exporters can capitalize on the lucrative opportunities available in the global market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global silicone market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165700 - Silicones, in primary forms

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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