World chemical sales in 2011 are valued at € 2,744 billion. They have increased by 95 % in value terms in 2011 compared with 2001. Europe, Asia, and the North American Free Trade Agreement (NAFTA) contries currently account for 92.5 % of world chemicals turnover. The European Union (EU) accounts for 19.6 % of the total, but its contribution to world chemical sales has declined by 10.2 % since 2001 due to the fast pace of growth of overall world chemical sales.
World Chemical Sales by Region
Global sales in value terms were up in 2011 by 11.6 % compared with 2010. Emerging economies contributed largely to the worldwide recovery of the sector during the years 2010 and 2011.
Chemical Sales of the Top Countries
The 30 largest chemical-producing countries had a combined turnover of € 2,447 billion. Twelve of the top 30 countries are Asian, generating chemicals sales of € 1,278 billion or 52.2 % of the 30 top producing markets and 46.6 % of the share of world chemicals sales.
World Exports and Imports of Chemicals by Regional Shares
The most important trading regions in 2011 were the European Union, Asia – including China and Japan – and North American Free Trade Agreement (NAFTA) countries. The EU accounted for nearly 40 % of global trade, defined as the total value of exports plus imports.
EU Chemical Industry Sales by Sector
Petrochemicals and specialty chemicals accounted for half of EU chemicals sales in 2011, approximately the same as in 2010.
- Facts and Figures 2012
European Chemical Industry Council (Cefic), Brussels, Belgium.
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