Global chemical consumption value 2022

In 2022, global chemical consumption was valued at an estimated 7.5 trillion euros, marking a significant rise from the 1.96 trillion euros recorded in 2004. This substantial increase reflects the growing demand for chemicals in various industries, including pharmaceuticals, agriculture, and manufacturing.

Total global chemical consumption value from 2004 to 2022 (in billion euros)

Characteristic	Chemical consumption in billion euros
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Release date

September 2023

More information

Region

Worldwide

Survey time period

2004 to 2022

Special properties

Total chemical industry, including pharmaceuticals.

Supplementary notes

According to the source, the formula for chemical consumption consists of the following components: consumption = revenue - export + import.
This statistic has been assembled using several editions of the report.
VCI stands for "Verband der Chemischen Industrie" (German Association of the Chemical Industry).

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