In 2023, Germany dominates the global export market of inorganic products used as luminophores, contributing significantly more than any other country at $52.62 million, showing a stable increase of 2.91% year-on-year. Notable among expanding markets is Belgium with a staggering year-on-year growth of 47%, followed by Denmark with an impressive 598.83%, albeit starting from a lower base. Contrarily, China and Japan experienced declines of 11.99% and 26.77%, respectively, indicating shifting dynamics in the Asia-Pacific region.
Looking ahead, Germany’s stronghold is expected to persist, while emerging exporters like Belgium and Denmark might seize greater market shares due to rapid growth. Additionally, the resurgence of countries like Finland, Luxembourg, and Israel, which saw considerable year-on-year positive changes, should be monitored for their potential to shape future export dynamics.
Top countries in Export of Inorganic Products Used as Luminophores Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.62 | 2023 | +2.2% | +2.91% | View data |
| 2 | 2 South Korea | 15.23 | 2023 | -0.37% | +3.22% | View data |
| 3 | 3 United States | 9.5 | 2023 | -2.89% | -2.89% | View data |
| 4 | 4 Belgium | 8.53 | 2023 | -8.22% | +47% | View data |
| 5 | 5 China | 6.11 | 2023 | -17.17% | -11.99% | View data |
| 6 | 6 Japan | 5.8 | 2023 | -45.43% | -26.77% | View data |
| 7 | 7 Portugal | 5.51 | 2023 | +2.51% | +1.77% | View data |
| 8 | 8 Thailand | 4.62 | 2023 | +4.26% | +4.33% | View data |
| 9 | 9 Switzerland | 1.6 | 2023 | +1.54% | +1.14% | View data |
| 10 | 10 United Kingdom | 0.95 | 2023 | -2.69% | +0.6% | View data |
