In 2023, France led European imports of organic composite solvents and thinners, used with coatings and inks, with a butyl acetate share of 26.05%. Notable year-on-year trends included a 21.28% rise in Ireland, a 20.17% increase in the Netherlands, and significant declines in Slovenia (-21.77%) and Spain (-13.14%). Other increases were recorded in Italy (11.0%) and Romania (10.76%), while Germany and Belgium saw slight reductions. Over the past five years, the compound annual growth rate (CAGR) has varied significantly across the region, highlighting diverse market dynamics.
Future trends to watch include potential regulatory impacts on solvent imports, shifts in coating and ink technologies, and environmental considerations influencing butyl acetate demand. The need for greener alternatives and innovations in eco-friendly formulations may alter the market landscape.
Top countries in Import of Organic Composite Solvents and Thinners Used in Conjunction with Coatings and Inks, Based on Butyl Acetate Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 26.05 | 2023 | +4.23% | +0.67% | View data |
| 2 | 2 Poland | 6.98 | 2023 | +3.25% | +2.94% | View data |
| 3 | 3 Czechia | 6.51 | 2023 | |||
| 4 | 4 Germany | 5.98 | 2023 | +0.0072% | -0.56% | View data |
| 5 | 5 Romania | 5.91 | 2023 | +4.22% | +10.76% | View data |
| 6 | 6 Belgium | 5.27 | 2023 | +1.22% | -1.62% | View data |
| 7 | 7 Portugal | 4.66 | 2023 | +1.21% | +3.46% | View data |
| 8 | 8 United Kingdom | 3.81 | 2023 | +0.47% | -2.15% | View data |
| 9 | 9 Denmark | 3.52 | 2023 | +4.23% | +7.73% | View data |
| 10 | 10 Slovenia | 3.52 | 2023 | +2.61% | -21.77% | View data |
