In 2023, Germany led European exports of paints and varnishes based on polyesters, acrylic, or vinyl polymers in non-aqueous mediums, holding the largest share, with Italy and Poland following. Other top contributors included France, the United Kingdom, and Spain. Growth variations from 2022 to 2023 showed significant increases in Austria, Bulgaria, Lithuania, and Portugal, indicating expanding markets. However, Cyprus experienced a steep decline, with Latvia and Denmark also witnessing downsides. With consistent growth, Malta had the largest percentage increase, albeit from a smaller base.
In 2024, the market is expected to grow, led by technological advancements and increased demand within the automotive and construction industries. Germany remains pivotal, while Italy and Poland could leverage expanding production capabilities to enhance competitiveness. Monitoring regulatory changes and raw material costs will be crucial for future forecasting.
Top countries in Export of Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers, in a Non-Aqueous Medium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.53 | 2023 | +1.08% | +0.22% | View data |
| 2 | 2 Italy | 17.02 | 2023 | +2.46% | +1.99% | View data |
| 3 | 3 Poland | 8.2 | 2023 | +3.67% | +4.22% | View data |
| 4 | 4 France | 7.9 | 2023 | +0.65% | +0.9% | View data |
| 5 | 5 United Kingdom | 7.33 | 2023 | +0.39% | +0.35% | View data |
| 6 | 6 Spain | 7.04 | 2023 | +3.23% | +3.4% | View data |
| 7 | 7 Netherlands | 7.02 | 2023 | +0.68% | -0.15% | View data |
| 8 | 8 Belgium | 5.9 | 2023 | +4.98% | +1.14% | View data |
| 9 | 9 Sweden | 3.43 | 2023 | -0.3% | +0.69% | View data |
| 10 | 10 Austria | 2.23 | 2023 | +1.78% | +5.68% | View data |
