The global export market for pigments and preparations based on titanium dioxide is dominated by China, which holds a significant share of 24.72%, followed by the United States and Belgium. Over the last year, notable growth in exports was observed from countries like Bosnia and Herzegovina and Jordan, while significant declines were seen in Netherlands, Mexico, and Belarus. The five-year trend highlights growth in emerging markets and sluggish performance in traditionally strong markets like Japan and France.
Future trends indicate a continued shift towards emerging markets, driven by increased local production capabilities and rising demand. Sustainability initiatives and technological advancements will likely influence market dynamics, encouraging innovation and strategic partnerships.
Top countries in Export of Pigments and Preparations Based on Titanium Dioxide Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 24.72 | 2023 | +4.82% | +4.43% | View data |
| 2 | 2 United States | 13.94 | 2023 | +0.71% | +0.87% | View data |
| 3 | 3 Belgium | 12.09 | 2023 | +2.38% | +1.12% | View data |
| 4 | 4 Germany | 11.51 | 2023 | +2.03% | +1.62% | View data |
| 5 | 5 United Kingdom | 6.01 | 2023 | +1.96% | +1.4% | View data |
| 6 | 6 Australia | 5.7 | 2023 | +2.54% | +2.16% | View data |
| 7 | 7 Canada | 2.74 | 2023 | +2.28% | +2.69% | View data |
| 8 | 8 Spain | 2.67 | 2023 | +3.27% | +2.91% | View data |
| 9 | 9 Saudi Arabia | 1.97 | 2023 | +1.32% | +0.26% | View data |
| 10 | 10 Japan | 1.84 | 2023 | +0.83% | -1.03% | View data |