Be sure background rendering is turned off (there’s never a reason to turn it on).
How much drive space do you have free? What drive are you saving to?
I’d turn off background rendering, delete all the render files for that Library, restart FCP holding Cmd-Opt do delete pref files. Then go to work, see if that helps. If it doesn’t, there’s a system limitation.
FCPX only exports one file at a time, so the queue doesn’t slow anything down, it’s just a queue, it does zero work. But it does seem that FCP is eating up memory somewhere. I export in a similar fashion but I am exporting compound clips. I compound every musical performance separately, work on compounds, then throw them together in a final Project when they’re all locked down. That way I’m just exporting whole timelines, easy to keep track of, self contained, fast, easy. Just my personal preference. Not sure it would help with multiple exports. But I’m running on an iMac Pro, and I’m not having slow down issues. I don’t think I ever did, not this bad. I’d be looking at hardware bottleneck, or get a copy of FCP Library Manager and keep all your Libraries cleaned up and tidy, maybe? I dunno, I use it, I like it.
https://www.arcticwhiteness.com/finalcutlibrarymanager/