In 2023, China's dominance in the global export of synthetic organic pigments is prominent, leading with substantial volume followed closely by India. European countries like Germany, Belgium, and Spain also play significant roles, though their volumes are lesser. The United States, traditionally a strong market, saw a notable decline of 4.77%, along with South Korea and Japan. Conversely, Indonesia, Romania, and other smaller exporters like Morocco witnessed an increase in their export volumes. Over the last five years, countries like Slovakia and Bulgaria have shown substantial growth, while some others like Uganda and Cyprus experienced significant declines.
Future trends indicate a potential shift in global export dynamics. With emerging markets in Asia showing growth and technological advancements, countries like India may bolster their positions. Sustainable practices in pigment production could also catalyze shifts, requiring exporters to adapt to environmentally friendly methods. Watch for potential trade policy changes that could impact export opportunities for different countries.
Top countries in Export of Synthetic Organic Pigments and Preps Based Thereon by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 138,770,000 | 2023 | +0.44% | +1.15% | View data |
| 2 | 2 India | 129,860,000 | 2023 | +3.49% | +3.28% | View data |
| 3 | 3 Germany | 49,349,000 | 2023 | +0.53% | +0.88% | View data |
| 4 | 4 Belgium | 35,844,000 | 2023 | +1.04% | +0.73% | View data |
| 5 | 5 Spain | 24,972,000 | 2023 | +3.53% | +3.69% | View data |
| 6 | 6 Netherlands | 20,032,000 | 2023 | +2.56% | +0.73% | View data |
| 7 | 7 United States | 17,481,000 | 2023 | -6.05% | -4.77% | View data |
| 8 | 8 South Korea | 13,698,000 | 2023 | -8.18% | -7.94% | View data |
| 9 | 9 Italy | 12,757,000 | 2023 | +0.26% | -0.37% | View data |
| 10 | 10 France | 9,440,200 | 2023 | +0.8% | -2.67% | View data |
