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Top Import Markets for Forklift Truck and Industrial Works Truck

import forklifts
Global Trade Daily, International Trade, Trucking

Top Import Markets for Forklift Truck and Industrial Works Truck

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1. United States – $7.2 Billion USD in 2023

The United States takes the top spot as the largest importer of forklift trucks and industrial works trucks in the world, with an import value of $7.2 billion USD in 2023. This is a clear indication of the country’s strong demand for these types of vehicles, reflecting the robust industrial sector and the need for efficient material handling equipment.

2. Canada – $1.8 Billion USD in 2023

Canada ranks second on the list, with an import value of $1.8 billion USD in 2023. The country’s proximity to the United States and its own thriving industrial sector contribute to its substantial import market for forklift trucks and industrial works trucks.

3. France – $1.7 Billion USD in 2023

France is the third-largest importer of forklift trucks and industrial works trucks, with an import value of $1.7 billion USD in 2023. The country’s advanced manufacturing and logistics sectors drive the demand for these vehicles, making it a key market in Europe.

4. Germany – $1.6 Billion USD in 2023

Germany holds the fourth position on the list, with an import value of $1.6 billion USD in 2023. The country’s reputation for engineering excellence and its strong industrial base make it a significant market for forklift trucks and industrial works trucks.

5. United Kingdom – $1.5 Billion USD in 2023

The United Kingdom ranks fifth on the list, with an import value of $1.5 billion USD in 2023. Despite the uncertainties surrounding Brexit, the country’s industrial sector continues to drive demand for these types of vehicles.

6. Netherlands – $1.3 Billion USD in 2023

The Netherlands occupies the sixth spot, with an import value of $1.3 billion USD in 2023. The country’s strategic location, as well as its well-developed logistics and transportation infrastructure, make it an important market for forklift trucks and industrial works trucks.

7. Italy – $1.3 Billion USD in 2023

Italy shares the sixth position with the Netherlands, also with an import value of $1.3 billion USD in 2023. The country’s strong manufacturing sector and emphasis on technological innovation drive the demand for these types of vehicles.

8. Belgium – $1.1 Billion USD in 2023

Belgium ranks eighth on the list, with an import value of $1.1 billion USD in 2023. The country’s role as a major transportation hub within Europe contributes to its significant import market for forklift trucks and industrial works trucks.

9. Mexico – $1.0 Billion USD in 2023

Mexico holds the ninth position, with an import value of $1.0 billion USD in 2023. The country’s expanding manufacturing sector and growing economy drive the demand for forklift trucks and industrial works trucks.

10. Australia – $1.0 Billion USD in 2023

Australia completes the top 10 list, with an import value of $1.0 billion USD in 2023. The country’s mining and construction industries, as well as its focus on improving efficiency and productivity, contribute to its import market for these types of vehicles.

Overall, these countries represent some of the best import markets for forklift trucks and industrial works trucks, shaping the global industry and driving innovation and growth within the sector.

Source: IndexBox Market Intelligence Platform

 

market
Global Trade Daily

Exploring the Top Import Markets for Iron and Steel Wire

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Iron and steel wire is a crucial material used in various industries such as construction, automotive, and manufacturing. The demand for iron and steel wire continues to grow globally, leading to increased imports in several key markets. In this article, we will explore the top import markets for iron and steel wire and provide key statistics on their import values.

1. United States

The United States tops the list of the world’s best import markets for iron and steel wire with an import value of $1.1 billion in 2023. The country’s strong demand for iron and steel wire is driven by the construction and automotive industries, among others.

2. Germany

Germany ranks second in terms of import value for iron and steel wire, with a total of $1.0 billion in 2023. The country’s robust manufacturing sector and high-quality standards contribute to its significant imports of iron and steel wire.

3. Poland

With an import value of $606.4 million in 2023, Poland is a key player in the global iron and steel wire market. The country’s growing construction industry and infrastructure projects drive its demand for iron and steel wire imports.

4. France

France imported $551.6 million worth of iron and steel wire in 2023, making it one of the top import markets for this essential material. The country’s diverse industrial base and emphasis on innovation contribute to its substantial imports of iron and steel wire.

5. Italy

Italy’s import value for iron and steel wire reached $498.7 million in 2023, highlighting the country’s strong demand for this material. Italy’s vibrant construction sector and machinery manufacturing industry drive its imports of iron and steel wire.

6. Netherlands

The Netherlands imported $408.9 million worth of iron and steel wire in 2023, positioning it as a significant player in the global market. The country’s strategic location and advanced logistics infrastructure make it an attractive destination for iron and steel wire imports.

7. China

China, a global leader in manufacturing, imported $386.4 million worth of iron and steel wire in 2023. The country’s booming construction industry and strong demand for consumer goods contribute to its substantial imports of iron and steel wire.

8. Thailand

Thailand’s import value for iron and steel wire stood at $350.7 million in 2023, reflecting the country’s growing industrial sector. Thailand’s expanding construction and automotive industries drive its demand for iron and steel wire imports.

9. Switzerland

Switzerland imported $347.5 million worth of iron and steel wire in 2023, showcasing the country’s significant demand for this material. Switzerland’s reputation for precision engineering and high-quality standards make it a key market for iron and steel wire imports.

10. Brazil

Brazil rounds out the top-10 list of the world’s best import markets for iron and steel wire with an import value of $332.4 million in 2023. The country’s growing construction and infrastructure projects contribute to its demand for iron and steel wire imports.

In conclusion, the global demand for iron and steel wire continues to drive significant imports in key markets around the world. These top import markets play a crucial role in meeting the growing demand for this essential material, supporting various industries and infrastructure projects.

For more detailed market insights and analytics on iron and steel wire imports, you can refer to the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform  

fork-lift
Global Trade Daily, Market insight

Top Import Markets for Self-Propelled Non-Electric Fork-Lift Trucks

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In today’s global economy, the market for Self-Propelled Non-Electric Fork-Lift Trucks is booming, with countries around the world importing billions of dollars worth of these versatile machines. According to the latest data from IndexBox platform, the top-10 countries by import value of Self-Propelled Non-Electric Fork-Lift Trucks in 2023 are as follows:

1. United States – $4.7 Billion USD

The United States takes the top spot as the world’s largest importer of Self-Propelled Non-Electric Fork-Lift Trucks, with a whopping import value of $4.7 billion USD in 2023. The demand for these machines in the US is driven by the country’s thriving industrial and manufacturing sector.

2. Canada – $964.4 Million USD

Canada follows closely behind the US, with an import value of $964.4 million USD in 2023. The Canadian market for Self-Propelled Non-Electric Fork-Lift Trucks is also growing steadily, thanks to the country’s strong economy and robust logistics industry.

3. Netherlands – $805.1 Million USD

The Netherlands ranks third on the list of top importers of Self-Propelled Non-Electric Fork-Lift Trucks, with an import value of $805.1 million USD in 2023. The Dutch market is known for its advanced logistics infrastructure and high level of industrial automation.

4. Germany – $721.6 Million USD

Germany, the powerhouse of Europe, imports $721.6 million USD worth of Self-Propelled Non-Electric Fork-Lift Trucks in 2023. The German market is characterized by its strong manufacturing sector and high demand for industrial machinery.

5. France – $695.9 Million USD

France is another major importer of Self-Propelled Non-Electric Fork-Lift Trucks, with an import value of $695.9 million USD in 2023. The French market benefits from the country’s diverse industrial base and extensive transportation networks.

6. Australia – $639.6 Million USD

Australia is a key player in the global market for Self-Propelled Non-Electric Fork-Lift Trucks, with imports totaling $639.6 million USD in 2023. The Australian market is driven by the country’s strong mining and construction sectors.

7. Mexico – $523.3 Million USD

Mexico ranks seventh on the list of top importers of Self-Propelled Non-Electric Fork-Lift Trucks, with an import value of $523.3 million USD in 2023. The Mexican market benefits from the country’s close proximity to the US and its growing manufacturing industry.

8. United Kingdom – $480.7 Million USD

The United Kingdom imports $480.7 million USD worth of Self-Propelled Non-Electric Fork-Lift Trucks in 2023, making it one of the top importers in the world. The UK market is known for its advanced logistics systems and strong demand for industrial machinery.

9. Belgium – $381.2 Million USD

Belgium is a significant importer of Self-Propelled Non-Electric Fork-Lift Trucks, with an import value of $381.2 million USD in 2023. The Belgian market benefits from the country’s central location in Europe and its well-developed transportation infrastructure.

10. Italy – $359.6 Million USD

Italy rounds out the top-10 list of importers of Self-Propelled Non-Electric Fork-Lift Trucks, with imports totaling $359.6 million USD in 2023. The Italian market is known for its strong manufacturing sector and high level of industrial automation. Overall, the global market for Self-Propelled Non-Electric Fork-Lift Trucks is thriving, with demand continuing to grow in key importing countries around the world. As businesses continue to invest in automation and efficiency, the market for these machines is expected to expand even further in the coming years.

Source: IndexBox Market Intelligence Platform  

market
Global Trade Daily, Market insight

Top Import Markets for Bulldozers Around the World

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When it comes to heavy machinery, bulldozers are an essential tool for construction, mining, and earthmoving projects. The global market for bulldozers is vast, with billions of dollarsworth of imports and exports moving through various countries each year. In this article, we will take a closer look at the top import markets for bulldozers around the world.

United States

The United States is the world’s largest import market for bulldozers, with an import value of $704.6 million in 2023. The construction industry in the U.S. is booming, which is driving the demand for heavy machinery such as bulldozers. The country relies heavily on imports to meet this demand, making it a key market for bulldozer manufacturers.

Canada

Canada is another significant market for bulldozer imports, with a value of $468.8 million in 2023. The country’s construction and mining sectors are major consumers of bulldozers, leading to a steady demand for these machines. Canadian companies often import bulldozers from a variety of countries to meet their needs.

 Australia

Australia is a key import market for bulldozers, with a value of $443.0 million in 2023. The country’s vast mining industry relies on bulldozers for various earthmoving tasks, making them a crucial piece of equipment. Australian companies import bulldozers from around the world to keep up with demand.

Russia

Russia is another significant importer of bulldozers, with a value of $394.6 million in 2023. The country’s construction industry is growing rapidly, driving the demand for heavy machinery such as bulldozers. Russian companies import bulldozers from a variety of countries to meet their needs.

Indonesia

Indonesia is an emerging market for bulldozer imports, with a value of $252.1 million in 2023. The country’s construction industry is expanding rapidly, creating a growing demand for heavy machinery. Indonesian companies import bulldozers from various countries to support their projects.

Netherlands

The Netherlands is a key import market for bulldozers, with a value of $218.9 million in 2023. The country’s construction sector is a major consumer of heavy machinery, including bulldozers. Dutch companies import bulldozers from a variety of countries to meet their needs. Chile Chile is another important market for bulldozer imports, with a value of $206.3 million in 2023. The country’s mining industry relies heavily on bulldozers for various earthmoving tasks, making them an essential piece of equipment. Chilean companies import bulldozers from around the world to support their projects.

South Africa

South Africa is a significant importer of bulldozers, with a value of $200.8 million in 2023. The country’s construction sector is a major consumer of heavy machinery, including bulldozers. South African companies import bulldozers from various countries to meet their needs.

Mexico

Mexico is also an important market for bulldozer imports, with a value of $171.8 million in 2023. The country’s construction industry is growing steadily, driving the demand for heavy machinery such as bulldozers. Mexican companies import bulldozers from a variety of countries to support their projects.

Germany

Germany rounds out the top 10 import markets for bulldozers, with a value of $118.5 million in 2023. The country’s construction sector is a major consumer of heavy machinery, including bulldozers. German companies import bulldozers from around the world to meet their needs.

Source: IndexBox Market Intelligence Platform  

beer
Global Trade Daily

The Top Import Markets for Malt in 2023

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When it comes to malt, there is a high demand for this ingredient in various countries around the world. Malt is a key ingredient in the production of beer, whiskey, and other alcoholic beverages. In this article, we will take a closer look at the top import markets for malt based on the import value in 2023.

1. Brazil – $936.3 Million USD

Brazil takes the top spot as the world’s leading import market for malt with an import value of $936.3 million USD in 2023. The country has a strong beer market and consumes a significant amount of malt for beer production.

2. Mexico – $404.9 Million USD

Mexico comes in second place with an import value of $404.9 million USD in 2023. The country is known for its love of beer and malt is a key ingredient in the production of Mexican beers.

3. Japan – $388.4 Million USD

Japan is another top import market for malt with an import value of $388.4 million USD in 2023. The country has a thriving beer market and malt is a crucial component in the production of Japanese beers.

4. United States – $293.6 Million USD

The United States is a major player in the global malt import market with an import value of $293.6 million USD in 2023. The country has a strong craft beer industry which drives the demand for malt.

5. Belgium – $218.9 Million USD

Belgium is another key import market for malt with an import value of $218.9 million USD in 2023. The country is famous for its wide variety of beers, many of which are made using malt as a key ingredient.

6. Thailand – $201.2 Million USD

Thailand is a growing market for malt with an import value of $201.2 million USD in 2023. The country’s beer industry is expanding rapidly, leading to an increased demand for malt.

7. Vietnam – $192.7 Million USD

Vietnam is also a significant import market for malt with an import value of $192.7 million USD in 2023. The country’s beer market is growing, creating a strong demand for malt.

8. Netherlands – $174.2 Million USD

The Netherlands is an important import market for malt with an import value of $174.2 million USD in 2023. The country is known for its beer production and malt is a key ingredient in many Dutch beers.

9. Poland – $163.5 Million USD

Poland is a key player in the global malt import market with an import value of $163.5 million USD in 2023. The country’s beer industry is well-established and malt is a crucial ingredient in Polish beers.

10. Italy – $154.7 Million USD

Italy rounds out the top 10 import markets for malt with an import value of $154.7 million USD in 2023. The country’s beer market is growing steadily, leading to an increased demand for malt. Overall, these countries represent the top import markets for malt based on import value in 2023. As the global demand for beer and other alcoholic beverages continues to rise, the import market for malt is expected to expand further in the coming years.

Source: IndexBox Market Intelligence Platform  

market
Global Trade Daily

Top Countries Importing Frozen Vegetables

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1. United States – $3.2 Billion USD

The United States is the world’s largest import market for frozen vegetables, with an import value of $3.2 billion USD in 2023. The country has a strong demand for frozen vegetables due to the convenience and longer shelf life they offer. Popular frozen vegetables imported by the United States include green beans, peas, corn, and broccoli.

2. Japan – $2.1 Billion USD

Japan is the second largest import market for frozen vegetables, with an import value of $2.1 billion USD in 2023. The country has a strong culture of incorporating frozen vegetables into their cuisine, making them a popular choice among consumers. Japan imports a variety of frozen vegetables, including spinach, carrots, and edamame.

3. United Kingdom – $1.9 Billion USD

The United Kingdom is another major import market for frozen vegetables, with an import value of $1.9 billion USD in 2023. The country’s demand for frozen vegetables has been growing steadily in recent years, driven by a shift towards healthier eating habits. Popular frozen vegetables imported by the United Kingdom include cauliflower, Brussels sprouts, and kale.

4. France – $1.7 Billion USD

France is a significant import market for frozen vegetables, with an import value of $1.7 billion USD in 2023. The country has a rich culinary tradition that includes the use of frozen vegetables in a variety of dishes. France imports a wide range of frozen vegetables, including tomatoes, bell peppers, and zucchini.

5. Germany – $1.4 Billion USD

Germany is also a major import market for frozen vegetables, with an import value of $1.4 billion USD in 2023. The country’s demand for frozen vegetables is driven by a growing interest in healthy eating and convenience. Popular frozen vegetables imported by Germany include asparagus, green peas, and sweet corn.

6. Italy – $933.5 Million USD

Italy is a significant import market for frozen vegetables, with an import value of $933.5 million USD in 2023. The country’s strong culinary tradition includes the use of frozen vegetables in many traditional dishes. Italy imports a variety of frozen vegetables, including artichokes, fennel, and radicchio.

7. Belgium – $809.2 Million USD

Belgium is a major import market for frozen vegetables, with an import value of $809.2 million USD in 2023. The country’s demand for frozen vegetables is driven by a growing interest in convenience and quick meal solutions. Popular frozen vegetables imported by Belgium include leeks, pumpkins, and parsnips.

8. The Netherlands – $753.3 Million USD

The Netherlands is a significant import market for frozen vegetables, with an import value of $753.3 million USD in 2023. The country’s strong agricultural industry makes it a major player in the global frozen vegetable market. The Netherlands imports a wide range of frozen vegetables, including carrots, onions, and potatoes.

9. Spain – $749.6 Million USD

Spain is a major import market for frozen vegetables, with an import value of $749.6 million USD in 2023. The country’s demand for frozen vegetables is driven by a growing interest in healthy eating and convenience. Popular frozen vegetables imported by Spain include garlic, eggplant, and peppers.

10. South Korea – $496.9 Million USD

South Korea is a significant import market for frozen vegetables, with an import value of $496.9 million USD in 2023. The country’s demand for frozen vegetables has been growing steadily in recent years, driven by a shift towards healthier eating habits. Popular frozen vegetables imported by South Korea include cabbage, radish, and seaweed.

Source: IndexBox Market Intelligence Platform

 

december
Global Trade Daily, United states news

U.S. Strawberry Import Drops to $134M in December 2023

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Berry imports into the United States dropped remarkably to 25K tons in December 2023, with a decrease of -64.9% against November 2023 figures. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in October 2023 when imports increased by 190% month-to-month.

In value terms, berry imports reduced dramatically to $134M (IndexBox estimates) in December 2023. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in October 2023 when imports increased by 134% m-o-m.

Imports by Country

In December 2023, Mexico (24K tons) was the main supplier of berry to the United States, accounting for a 98% share of total imports. It was followed by Canada (413 tons), with a 1.7% share of total imports.

From December 2022 to December 2023, the average monthly rate of growth in terms of volume from Mexico amounted to -11.1%.

In value terms, Mexico ($130M) constituted the largest supplier of berry to the United States, comprising 97% of total imports. The second position in the ranking was taken by Canada ($2.6M), with a 1.9% share of total imports.

From December 2022 to December 2023, the average monthly growth rate of value from Mexico stood at -9.0%.

Imports by Type

In December 2023, strawberries (24K tons) was the main type of berry supplied to the United States, with a 99% share of total imports. It was followed by currants and gooseberries (132 tons), with a 0.5% share of total imports.

From December 2022 to December 2023, the average monthly rate of growth in terms of the volume of import of strawberries stood at -2.7%.

In value terms, strawberries ($133M) constituted the largest type of berry supplied to the United States, comprising 99% of total imports. The second position in the ranking was taken by currants and gooseberries ($807K), with a 0.6% share of total imports.

Import Prices by Country

In December 2023, the berry price stood at $5,460 per ton (CIF, US), falling by -33.2% against the previous month. Over the period under review, import price indicated a slight increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, berry import price increased by +23.1% against June 2023 indices. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 59% m-o-m. As a result, import price reached the peak level of $8,175 per ton, and then dropped markedly in the following month.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Canada ($6,294 per ton), while the price for Mexico totaled $5,437 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Chile (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

 

market
Global Trade Daily, Imports/Exports, Market insight

World’s Best Import Markets for Plywood in 2023

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The global market for plywood is a lucrative one, with numerous countries engaging in the import and export of this versatile building material. Plywood is widely used in construction, furniture-making, packaging, and other industries thanks to its durability, versatility, and cost-effectiveness. In this article, we will take a closer look at the world’s best import markets for plywood, based on data provided by the IndexBox market intelligence platform.

1. United States

The United States is the world’s largest importer of plywood, with an import value of 2.1 billion USD in 2023. The country’s strong economy, growing construction sector, and high demand for furniture and packaging materials make it a key player in the global plywood market.

2. Japan

Japan is the second-largest importer of plywood, with an import value of 850.9 million USD in 2023. The country’s advanced technology sector, booming construction industry, and high demand for high-quality building materials drive its substantial plywood imports.

3. South Korea

South Korea is another major player in the global plywood market, with an import value of 775.5 million USD in 2023. The country’s strong manufacturing sector, rapid urbanization, and growing construction industry contribute to its significant plywood imports.

4. Germany

Germany is one of Europe’s largest importers of plywood, with an import value of 742.6 million USD in 2023. The country’s robust manufacturing sector, booming construction industry, and high demand for quality building materials make it a key player in the European plywood market.

5. United Kingdom

The United Kingdom is another major importer of plywood, with an import value of 583.2 million USD in 2023. The country’s strong construction sector, booming furniture industry, and high demand for packaging materials drive its substantial plywood imports.

6. Netherlands

The Netherlands is a key player in the European plywood market, with an import value of 417.2 million USD in 2023. The country’s strategic location, advanced logistics infrastructure, and strong demand for high-quality building materials contribute to its significant plywood imports.

7. France

France is another major importer of plywood in Europe, with an import value of 343.1 million USD in 2023. The country’s thriving construction sector, booming furniture industry, and high demand for packaging materials make it a key player in the European plywood market.

8. Canada

Canada is a significant importer of plywood, with an import value of 341.5 million USD in 2023. The country’s vast forests, strong construction industry, and high demand for quality building materials drive its substantial plywood imports.

9. Malaysia

Malaysia is a key player in the Asian plywood market, with an import value of 338.4 million USD in 2023. The country’s abundant natural resources, strong manufacturing sector, and high demand for building materials contribute to its significant plywood imports.

10. Australia

Australia is another major importer of plywood in the Asia-Pacific region, with an import value of 324.0 million USD in 2023. The country’s booming construction sector, strong furniture industry, and high demand for packaging materials drive its substantial plywood imports.

Overall, the global plywood market is a thriving one, with numerous countries engaging in the import and export of this versatile building material. The top import markets for plywood include the United States, Japan, South Korea, Germany, the United Kingdom, the Netherlands, France, Canada, Malaysia, and Australia, with each country contributing significantly to the global plywood trade.

Source: IndexBox Market Intelligence Platform 

animal feed
Global Trade Daily, Market insight

Top Import Markets for Animal Feed in 2023

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When it comes to the global trade of animal feed, several countries stand out as the top import markets. According to the latest data from the IndexBox market intelligence platform, the following countries are the world’s top-10 importers of animal feed by import value in 2023:

1. Belgium – $967.2 Million USD

2. Netherlands – $915.0 Million USD

3. Germany – $879.3 Million USD

4. United States – $845.8 Million USD

5. Norway – $701.0 Million USD

6. France – $667.5 Million USD

7. Vietnam – $624.3 Million USD

8. United Kingdom – $533.0 Million USD

9. Poland – $471.6 Million USD

10. Italy – $469.6 Million USD

These countries play a crucial role in driving the demand for animal feed products on the global market. Let’s take a closer look at some of the key statistics and trends that make them the world’s best import markets for animal feed.

1. Belgium

Belgium takes the top spot as the largest importer of animal feed, with an import value of $967.2 million USD in 2023. The country’s strategic location in Europe makes it a key hub for importing and re-exporting animal feed products to other countries in the region.

2. Netherlands

The Netherlands follows closely behind Belgium, with an import value of $915.0 million USD in 2023. The country’s strong agricultural sector and advanced logistics infrastructure make it an attractive destination for animal feed imports. Looking for Local Partners? Connect with the right partners to expand your reach. Book a free 30-minute consultation to find your match. Book Your Free Call Marín Orriols

3. Germany

Germany ranks third in terms of import value, with $879.3 million USD in 2023. The country’s large livestock industry and stringent quality standards drive the demand for high-quality animal feed products from international suppliers.

4. United States

The United States is the fourth-largest importer of animal feed, with an import value of $845.8 million USD in 2023. The country’s thriving livestock sector and growing demand for specialized feed products make it a lucrative market for exporters around the world.

5. Norway

Norway ranks fifth in terms of import value, with $701.0 million USD in 2023. The country’s focus on sustainable agriculture and aquaculture drives the demand for high-quality animal feed products to support its growing livestock and fish farming industries.

6. France

France is the sixth-largest importer of animal feed, with an import value of $667.5 million USD in 2023. The country’s diverse agricultural sector and high consumption of meat and dairy products create a strong demand for a wide range of animal feed products from international suppliers.

7. Vietnam

Vietnam ranks seventh in terms of import value, with $624.3 million USD in 2023. The country’s rapidly growing livestock and aquaculture industries drive the demand for a variety of animal feed products to support its expanding agricultural sector.

8. United Kingdom

The United Kingdom is the eighth-largest importer of animal feed, with an import value of $533.0 million USD in 2023. The country’s large livestock industry and strict food safety regulations create a strong demand for high-quality animal feed products from global suppliers.

9. Poland

Poland ranks ninth in terms of import value, with $471.6 million USD in 2023. The country’s growing agricultural sector and increasing focus on sustainable farming practices drive the demand for a wide range of animal feed products to support its livestock and poultry industries.

10. Italy

Italy rounds out the top-10 import markets for animal feed, with an import value of $469.6 million USD in 2023. The country’s diverse agricultural sector and high consumption of meat and dairy products create a strong demand for a variety of animal feed products from international suppliers.

Overall, these top import markets play a crucial role in driving the global demand for animal feed products. Their diverse agricultural sectors, growing livestock industries, and stringent quality standards create lucrative opportunities for exporters looking to tap into the growing market for animal feed around the world.

For the latest data and insights on the global market for animal feed, be sure to check out the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

country
Global Trade Daily

Top Import Markets for LPG

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1. China – $20.2 Billion USD

China leads the way as the world’s largest importer of LPG, with a total import value of $20.2 billion in 2023. The country’s high demand for LPG is driven by its rapidly growing economy and expanding industrial sector.

2. India – $10.9 Billion USD

India comes in second place with an import value of $10.9 billion in 2023. The country’s strong demand for LPG is due to its large population and increasing use of LPG for cooking and heating purposes.

3. South Korea – $5.9 Billion USD

South Korea is the third largest importer of LPG, with an import value of $5.9 billion in 2023. The country relies heavily on imported LPG to meet its energy needs, particularly in the industrial sector.

4. Japan – $5.7 Billion USD

Japan is another major importer of LPG, with a total import value of $5.7 billion in 2023. The country’s high demand for LPG is driven by its need for energy sources to power its industrial and residential sectors.

5. Indonesia – $4.5 Billion USD

Indonesia ranks fifth in terms of LPG imports, with a total import value of $4.5 billion in 2023. The country’s increasing population and expanding economy have led to a growing demand for LPG as an energy source.

6. United States – $2.7 Billion USD

The United States is the sixth largest importer of LPG, with an import value of $2.7 billion in 2023. The country’s strong demand for LPG is driven by its use in the industrial, residential, and transportation sectors.

7. Turkey – $2.2 Billion USD

Turkey ranks seventh in terms of LPG imports, with a total import value of $2.2 billion in 2023. The country’s increasing urbanization and industrialization have led to a growing demand for LPG as a reliable energy source.

8. Mexico – $2.1 Billion USD

Mexico is the eighth largest importer of LPG, with an import value of $2.1 billion in 2023. The country’s strong demand for LPG is driven by its use in the residential, commercial, and transportation sectors.

9. Netherlands – $2.1 Billion USD

The Netherlands ranks ninth in terms of LPG imports, with a total import value of $2.1 billion in 2023. The country’s strategic location as a hub for energy imports has made it a key player in the global LPG market.

10. Belgium – $2.1 Billion USD

Belgium rounds out the top-10 import markets for LPG, with an import value of $2.1 billion in 2023. The country’s strong demand for LPG is driven by its use in the residential, commercial, and industrial sectors.

Overall, these top-10 countries play a crucial role in the global LPG market as major importers of this versatile energy source. As the world’s demand for LPG continues to rise, these import markets are expected to remain key players in the industry for years to come.

Source: IndexBox Market Intelligence Platform