Global exports of Acid and Mordant Dyes show India leading significantly, followed by China and Singapore. Notable positive year-on-year growth is observed in Canada (17.79%), with India and Thailand also showing solid increases. Conversely, Switzerland experienced a substantial decline of 21%, and the UK saw a decrease of 24.7%. The overall five-year CAGR reflects India's strong hold in the market, bolstered by steady annual growth.
Looking forward, increased demand from textile and industrial sectors may further influence export dynamics. Key trends to watch include India's continued expansion, potential market recovery in Europe, and rising contributions from emerging markets in Asia and Africa.
Top countries in Export of Acid and Mordant Dyes and Preparations Based Thereon Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 31.63 | 2023 | +2.86% | +2.02% | View data |
| 2 | 2 China | 11.12 | 2023 | +0.29% | +0.021% | View data |
| 3 | 3 Singapore | 8.42 | 2023 | +2.77% | +3.8% | View data |
| 4 | 4 Germany | 7.06 | 2023 | -2.33% | -2.32% | View data |
| 5 | 5 Spain | 6.58 | 2023 | +0.95% | +1.23% | View data |
| 6 | 6 Italy | 5.69 | 2023 | +1.41% | +1.33% | View data |
| 7 | 7 Thailand | 5.19 | 2023 | +1.86% | +3.42% | View data |
| 8 | 8 Japan | 4.71 | 2023 | +2.82% | +0.69% | View data |
| 9 | 9 United States | 4.64 | 2023 | +1.52% | +1.38% | View data |
| 10 | 10 Indonesia | 1.17 | 2023 | +1.71% | +1.83% | View data |
