In 2023, Germany led European imports of paints and varnishes based on polyesters, acrylics, or vinyl polymers, in a non-aqueous medium, but experienced a slight year-on-year decline of 0.088%. Conversely, the Netherlands and Spain saw significant increases of 2.47% and 3.54%, respectively. Other notable growth included Portugal with 4.22%, Austria with 5.97%, and Greece with 3.9%. Malta displayed the most notable decline at -2.32%. The compound annual growth rate (CAGR) over the last five years indicates varied performance, with Austria and Lithuania outperforming others in growth. Eastern European nations like Poland and Romania showed mixed trends.
Future trends to watch include the impact of sustainability regulations on raw material sourcing, the influence of economic conditions on import volumes, and technological advancements in paint formulations that may shift demand patterns. The continued emphasis on green technologies and innovations in production processes could reshape industry dynamics, affecting both import volumes and leading countries in the sector.
Top countries in Import of Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers, in a Non-Aqueous Medium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 157,180,000 | 2023 | +2.46% | -0.088% | View data |
| 2 | 2 Netherlands | 130,900,000 | 2023 | +2.36% | +2.47% | View data |
| 3 | 3 Spain | 126,850,000 | 2023 | +2.51% | +3.54% | View data |
| 4 | 4 Poland | 116,240,000 | 2023 | +1.62% | +1.79% | View data |
| 5 | 5 France | 110,120,000 | 2023 | +3.33% | +0.62% | View data |
| 6 | 6 Belgium | 107,630,000 | 2023 | +1.68% | +2.22% | View data |
| 7 | 7 United Kingdom | 74,447,000 | 2023 | +0.18% | -0.7% | View data |
| 8 | 8 Italy | 73,922,000 | 2023 | +4.66% | +0.36% | View data |
| 9 | 9 Austria | 63,228,000 | 2023 | +1.78% | +5.97% | View data |
| 10 | 10 Czechia | 51,863,000 | 2023 |
