In 2023, Spain led the European market for the sold production of prepared pigments and related products, contributing significantly with a value share of 61.99%. Italy and Germany followed at 13.21% and 11.81%, respectively. Notable yearly variations include Germany's 6.51% increase and declines for the United Kingdom and Portugal, each by over 10%. Poland experienced a 13.25% drop. This market structure suggests robust growth in Germany while caution advised for the UK and Portugal. Over five years, the compounded annual growth rates indicate an average upward trend for major players, barring exceptional downturns.
Future trends to monitor involve emerging technologies in pigment production, increasing demand for eco-friendly products, and possible regulatory changes impacting production processes. Southern Europe, particularly Spain, is expected to maintain its dominance unless significant shifts occur in regional markets or global supply chains.
Top countries in Sold Production of Prepared Pigments, Opacifiers and Colours, Vitrifiable Enamels and Glazes, Engobes, Liquid Lustres and the Like Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 61.99 | 2023 | +2.82% | +1.61% | View data |
| 2 | 2 Italy | 13.21 | 2023 | -2.61% | +2.58% | View data |
| 3 | 3 Germany | 11.81 | 2023 | +2.95% | +6.51% | View data |
| 4 | 4 Netherlands | 5.48 | 2023 | +1.61% | +0.65% | View data |
| 5 | 5 United Kingdom | 2.37 | 2023 | -12.67% | -10.79% | View data |
| 6 | 6 Portugal | 0.95 | 2023 | -4.54% | -10.06% | View data |
| 7 | 7 Poland | 0.11 | 2023 | -15.34% | -13.25% | View data |
| 8 | 8 Croatia | 0.044 | 2023 | +3.6% | +1.71% | View data |
| 9 | 9 Denmark | 0.005 | 2023 | +20.57% | View data | |
| 10 | 10 Lithuania | 0.002 | 2023 | +7.47% | View data |
