Data from 2024 forecasts the European Dyes and Pigments turnover with Germany leading at 4.37 billion Euros, followed by the United Kingdom at 1.39 billion Euros, Italy at 1.19 billion Euros, Spain at 1.04 billion Euros, Belgium at 0.6726 billion Euros, and France at 0.6547 billion Euros. Smaller turnovers are noted for Finland, Romania, Portugal, Serbia, and Slovakia, with figures as low as 0.0098 billion Euros. In 2023, Germany saw a -1.41% year-on-year variation, the United Kingdom had a -1.31% drop, while Italy and Spain observed rises of 1.52% and 1.39% respectively. France, Romania, Portugal, and Serbia experienced noteworthy growths at 3.02%, 3.71%, 3.33%, and 12.07%. Finland and Slovakia faced declines of -10.31% and -2.46%
Looking ahead, future trends to watch include innovations in sustainable dyeing techniques, increased regulations aimed at reducing environmental impact, and shifts in demand from emerging markets. The emphasis on eco-friendly products and the impact of potential geopolitical changes in Europe could significantly influence turnover in the dyes and pigments sector.
Top countries in Dyes and Pigments Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,370 | 2023 | +0.62% | -1.41% | View data |
| 2 | 2 United Kingdom | 1,390 | 2023 | -0.74% | -1.31% | View data |
| 3 | 3 Italy | 1,190 | 2023 | +7.11% | +1.52% | View data |
| 4 | 4 Spain | 1,040 | 2023 | +2.36% | +1.39% | View data |
| 5 | 5 Belgium | 672.6 | 2023 | +1.16% | -0.24% | View data |
| 6 | 6 France | 654.7 | 2023 | -3.22% | +3.02% | View data |
| 7 | 7 Finland | 93 | 2023 | -12.48% | -10.31% | View data |
| 8 | 8 Romania | 60 | 2023 | +9.89% | +3.71% | View data |
| 9 | 9 Portugal | 11.9 | 2023 | +2.59% | +3.33% | View data |
| 10 | 10 Serbia | 11.4 | 2023 | +7.55% | +12.07% | View data |
