International comparisons in the chemical industry

Country Average grovvth % p.a. Ratio of chemicals to all industry 

Most countries increased sales by a factor of 1.0 to 1.4 times between 1988 and 1994. Although Japan s sales were approximately 10% higher than 

Germany s in 1988, by 1994 the differential had expanded to almost 225%. As we will see later, when looking at the world s major chemical companies, this has been achieved by a chemical industry whose structure is very different to that of most other countries. 

Annual growth rate in volume of chemical exports, 1984-1994 5-8% 

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