In 2023, Germany remained the largest European exporter of alkyd resins in primary forms at 52.347 million kilograms, showing a modest year-on-year growth of 0.49%. Italy, with significant growth of 12.51%, was the next prominent exporter. Notably, Slovakia experienced substantial growth of 34.84%, whereas Spain and Greece saw declines of 15.14% and 24.67%, respectively. Estonia and Sweden had positive variance rates of 23.3% and 16.86%, illustrating a shift towards lesser-known markets. Over the past five years, consistent growth has been observed in countries like Poland and Bulgaria.
Future trends to watch include:
- The potential for Germany and Italy to expand their markets given their strong base and growth figures.
- Emerging markets like Slovakia and Estonia could continue their growth trajectories due to increasing demand.
- The impact of economic policies and trade regulations on fluctuations in export volumes across the region.
Top countries in Export of Alkyd Resins in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52,347,000 | 2023 | +0.88% | +0.49% | View data |
| 2 | 2 Italy | 42,244,000 | 2023 | -0.63% | +12.51% | View data |
| 3 | 3 Spain | 26,513,000 | 2023 | +0.051% | -15.14% | View data |
| 4 | 4 Belgium | 12,961,000 | 2023 | +0.075% | -5.35% | View data |
| 5 | 5 Czechia | 11,910,000 | 2022 | |||
| 6 | 6 Poland | 10,980,000 | 2023 | +1.87% | +2.69% | View data |
| 7 | 7 Austria | 10,859,000 | 2023 | -5.1% | -4.17% | View data |
| 8 | 8 Bulgaria | 7,858,100 | 2023 | +3.11% | +3.83% | View data |
| 9 | 9 Portugal | 6,982,800 | 2023 | -0.49% | View data | |
| 10 | 10 Slovakia | 6,102,400 | 2023 | +4.28% | +34.84% | View data |
