| Product Code: ETC4705608 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Mauritius continues to rely on imports of benzoic acid, with top exporting countries in 2024 being China, Switzerland, India, Germany, and the UK. Despite the high concentration levels indicated by the HHI in 2024, the compound annual growth rate (CAGR) for 2020-24 was negative at -0.32%. Furthermore, the growth rate from 2023 to 2024 declined by -1.4%, reflecting a challenging market environment for benzoic acid import shipments to Mauritius. This data suggests a need for further analysis to understand the factors contributing to this downward trend.

Mauritius's Benzoic Acid market is anticipated to experience a growing growth rate of 6.42% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mauritius Benzoic Acid Market Overview |
3.1 Mauritius Country Macro Economic Indicators |
3.2 Mauritius Benzoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Mauritius Benzoic Acid Market - Industry Life Cycle |
3.4 Mauritius Benzoic Acid Market - Porter's Five Forces |
3.5 Mauritius Benzoic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.6 Mauritius Benzoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Mauritius Benzoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mauritius Benzoic Acid Market Trends |
6 Mauritius Benzoic Acid Market Segmentations |
6.1 Mauritius Benzoic Acid Market, By End-use Industry |
6.1.1 Overview and Analysis |
6.1.2 Mauritius Benzoic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.1.3 Mauritius Benzoic Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.1.4 Mauritius Benzoic Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Mauritius Benzoic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Mauritius Benzoic Acid Market Revenues & Volume, By Benzoates, 2021-2031F |
6.2.3 Mauritius Benzoic Acid Market Revenues & Volume, By Benzoate plasticizers, 2021-2031F |
6.2.4 Mauritius Benzoic Acid Market Revenues & Volume, By Benzoyl Chloride, 2021-2031F |
6.2.5 Mauritius Benzoic Acid Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.2.6 Mauritius Benzoic Acid Market Revenues & Volume, By Animal Feed Additive, 2021-2031F |
7 Mauritius Benzoic Acid Market Import-Export Trade Statistics |
7.1 Mauritius Benzoic Acid Market Export to Major Countries |
7.2 Mauritius Benzoic Acid Market Imports from Major Countries |
8 Mauritius Benzoic Acid Market Key Performance Indicators |
9 Mauritius Benzoic Acid Market - Opportunity Assessment |
9.1 Mauritius Benzoic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.2 Mauritius Benzoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Mauritius Benzoic Acid Market - Competitive Landscape |
10.1 Mauritius Benzoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Mauritius Benzoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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