The year-on-year (YoY) percentage change in chemicals output across world regions, including the Americas, Asia-Pacific, and Europe, was overall positive in 2021. Europe exhibited the highest growth that year, at nine percent, followed by Asia-Pacific at 6.5 percent, and the Americas at two percent. However, forecasts indicate a mixed outlook for the coming years, with Europe expected to experience a negative YoY percentage change in 2022 and 2023, before rebounding with modest growth in 2024. Asia-Pacific is projected to continue showing relatively higher growth rates, while the Americas may have lower YoY percentage change with a reduction in chemicals output in the region anticipated in 2023.
Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region
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Atradius. (November 23, 2022). Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/
Atradius. "Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region." Chart. November 23, 2022. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/
Atradius. (2022). Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/
Atradius. "Year-on-year Percentage Change in Chemical Output Worldwide in 2021, with a Forecast to 2024, by Region." Statista, Statista Inc., 23 Nov 2022, https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/
Atradius, Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region Statista, https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/ (last visited May 04, 2024)
Year-on-year percentage change in chemical output worldwide in 2021, with a forecast to 2024, by region [Graph], Atradius, November 23, 2022. [Online]. Available: https://www.statista.com/statistics/1378754/growth-in-chemical-output-worldwide-by-region/