The Netherlands leads the European import market for paints and varnishes based on polyesters, with a 32.62% share in 2023. Belgium and Germany follow, but with contrasting growth trends; Belgium showed a significant increase of 35.12%, while Germany experienced a slight decline of 1.01%. Other notable growth includes Lithuania (11.87%), Hungary (10.29%), and Estonia (16.9%), suggesting a shift in import dynamics in smaller markets. However, the United Kingdom and Malta registered considerable declines, with the UK seeing a decrease of 33.83% and Malta 32.53% from the previous year. Luxembourg and Latvia exhibited strong growth, indicating emerging potential markets.
Looking into the future, it is crucial to monitor the growth trajectory in smaller markets like Lithuania, Estonia, and Luxembourg, as they present emerging opportunities. Watch for shifts in trade policies, sustainability practices, and innovations in non-aqueous paint formulations, which may influence import patterns further across Europe. The decline in the UK market also warrants attention, likely reflective of broader economic adjustments post-Brexit.
Top countries in Import of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Including Enamels and Lacquers) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 32.62 | 2023 | +6.17% | +7.9% | View data |
| 2 | 2 Germany | 12.34 | 2023 | +0.64% | -1.01% | View data |
| 3 | 3 Belgium | 11.06 | 2023 | +24.83% | +35.12% | View data |
| 4 | 4 France | 8.31 | 2023 | +5.01% | +0.19% | View data |
| 5 | 5 Austria | 6.92 | 2023 | -4.59% | -6.14% | View data |
| 6 | 6 Spain | 6.76 | 2023 | +5.9% | +3.81% | View data |
| 7 | 7 Italy | 3.6 | 2023 | -0.63% | +4.73% | View data |
| 8 | 8 Sweden | 3.41 | 2023 | +3.81% | +2.65% | View data |
| 9 | 9 Denmark | 2.32 | 2023 | +1.37% | -3.41% | View data |
| 10 | 10 Poland | 2.02 | 2023 | +0.71% | +0.43% | View data |
