In 2023, Spain led the European imports of inks and varnishes based on polyesters, with a noteworthy year-on-year growth of 5.71%. Notable increases were also observed in Portugal (8.9%), Lithuania (9.72%), and Finland (6.59%). In contrast, Italy, the United Kingdom, and Slovenia experienced a decline, highlighting a heterogeneous trend. Over the last five years, the compound annual growth rate (CAGR) indicates moderate growth, with Spain and Lithuania showing promising upward trends, whereas Italy and the UK reported declines.
Looking forward, factors such as evolving industry standards, environmental regulations, and technological advancements in paint composition may significantly impact import patterns. Additionally, economic circumstances and fluctuating demand across industries will further influence future trends and the import shares of these countries.
Top countries in Import of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Excluding Enamels and Lacquers) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 14.8 | 2023 | +4.53% | +5.71% | View data |
| 2 | 2 France | 10.38 | 2023 | +4.41% | +1.34% | View data |
| 3 | 3 Belgium | 10.05 | 2023 | +2.88% | +1.7% | View data |
| 4 | 4 Germany | 8.42 | 2023 | +1.07% | +2.45% | View data |
| 5 | 5 Poland | 6.77 | 2023 | +1.78% | +1.75% | View data |
| 6 | 6 Netherlands | 6.26 | 2023 | +2.1% | +2.17% | View data |
| 7 | 7 Italy | 5.49 | 2023 | +5.04% | -0.28% | View data |
| 8 | 8 Czechia | 4.25 | 2023 | |||
| 9 | 9 Austria | 4.09 | 2023 | +1.04% | +3.1% | View data |
| 10 | 10 Portugal | 3.01 | 2023 | +2.95% | +8.9% | View data |
