In 2023, China led the global export share of pigments based on titanium dioxide with significant growth, followed by the United States and Belgium. While China's share grew by 4.69%, other notable increases were observed in Luxembourg, Chile, and Russia. France and Singapore experienced notable declines. The market witnessed small positive shifts in traditional markets like Germany and the UK and considerable changes in emerging markets like Bosnia and Herzegovina and Jordan.
Looking ahead, China is expected to maintain its dominance. Watch for growth in emerging markets and potential recovery in areas with recent declines. Innovations and environmental regulations could also influence market dynamics.
Top countries in Export of Pigments and Preparations Based on Titanium Dioxide Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29.15 | 2023 | +4.45% | +4.69% | View data |
| 2 | 2 United States | 13.54 | 2023 | -0.93% | +0.33% | View data |
| 3 | 3 Belgium | 11.48 | 2023 | +1.39% | +1.13% | View data |
| 4 | 4 Germany | 8.89 | 2023 | +0.86% | +1.56% | View data |
| 5 | 5 United Kingdom | 6.14 | 2023 | +1.21% | +1.51% | View data |
| 6 | 6 Australia | 5.02 | 2023 | +0.6% | +1.91% | View data |
| 7 | 7 Canada | 3.18 | 2023 | +2.1% | +2.55% | View data |
| 8 | 8 Spain | 3.07 | 2023 | +2.66% | +3.25% | View data |
| 9 | 9 Saudi Arabia | 1.91 | 2023 | -0.12% | -0.21% | View data |
| 10 | 10 Luxembourg | 1.65 | 2023 | +4.77% | +6.68% | View data |
