Germany leads European exports of paints, varnishes, printing ink, and mastics, with a value of 2.7924 billion kilograms. Spain and Italy follow, with significant exports of 1.3975 and 0.86047 billion kilograms respectively. Over 2023, countries like Greece and Bulgaria saw substantial growth in exports, up by 12.74% and 12.02% respectively. Meanwhile, Italy and Cyprus experienced a decline, by -0.72% and -11.72% respectively. Notably, small markets like Malta saw a significant decrease of -30.97%. Overall, the five-year CAGR indicates moderate growth across the region.
Future trends to watch for European exports of these products include technological advancements in paint compositions, increasing environmental awareness influencing sustainable production methods, and the impact of geopolitical events on trade relations. Additionally, the demand for eco-friendly and innovative products is likely to drive growth in exports, while regulatory compliance and supply chain diversification may present challenges.
Top countries in Export of Paints, Varnishes, Printing Ink and Mastics by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,792,400,000 | 2023 | +2.63% | +2.02% | View data |
| 2 | 2 Spain | 1,397,500,000 | 2023 | +1.72% | +0.57% | View data |
| 3 | 3 Italy | 860,470,000 | 2023 | +0.91% | -0.72% | View data |
| 4 | 4 France | 735,700,000 | 2023 | +2.23% | +2.48% | View data |
| 5 | 5 Austria | 691,970,000 | 2023 | +2.42% | -0.3% | View data |
| 6 | 6 Poland | 669,560,000 | 2023 | +2.71% | +2.9% | View data |
| 7 | 7 Netherlands | 587,580,000 | 2023 | +2.41% | +1.43% | View data |
| 8 | 8 Belgium | 552,810,000 | 2023 | -0.18% | +1.22% | View data |
| 9 | 9 United Kingdom | 437,700,000 | 2023 | +0.69% | +1.06% | View data |
| 10 | 10 Sweden | 371,410,000 | 2023 | +1.46% | +1.12% | View data |
