The analysis of European imports of paints, varnishes, printing ink, and mastics shows that in 2024, Germany led the market share by imports, followed closely by Belgium and France, each showing notable year-on-year increases of 0.58%, 4.76%, and 4.45% respectively. Poland and the United Kingdom faced slight declines in their shares. Other significant growth observations include Hungary (4.94%), Lithuania (4.05%), and Estonia (4.03%). Meanwhile, smaller markets like Malta experienced a significant decline (-6.23%). Over the last five years, the compound annual growth rate (CAGR) indicates a gradual increase in imports, reflecting steady demand across most European countries.
Future trends to watch for include the impact of environmental policies on the production and importation of these goods, advancements in eco-friendly and sustainable products, and the shifting economic conditions across Europe that may influence import dynamics. Investing in innovations for greener alternatives could become a pivotal factor in maintaining and expanding market share.
Top countries in Import of Paints, Varnishes, Printing Ink and Mastics Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10.42 | 2023 | +1.22% | +0.58% | View data |
| 2 | 2 Belgium | 9.2 | 2023 | +2.33% | +4.76% | View data |
| 3 | 3 France | 9.13 | 2023 | +2.35% | +4.45% | View data |
| 4 | 4 Poland | 6.9 | 2023 | +0.79% | -0.12% | View data |
| 5 | 5 Italy | 6.43 | 2023 | +5.39% | +1.68% | View data |
| 6 | 6 Netherlands | 5.96 | 2023 | +1.75% | +2.09% | View data |
| 7 | 7 United Kingdom | 5.66 | 2023 | +0.33% | -0.52% | View data |
| 8 | 8 Czechia | 5.02 | 2023 | |||
| 9 | 9 Spain | 4.96 | 2023 | +2.96% | +3.2% | View data |
| 10 | 10 Austria | 3.95 | 2023 | +1.42% | +3.79% | View data |
