The prepared pigments, opacifiers, and related markets in Portugal reached a volume of 93.67 million kilograms in 2023. After lows in 2019, the market witnessed a steady recovery, marked by a peak year-on-year growth of 11.29% in 2021. A consistent volume increase followed into 2023 with a CAGR of 2.51% over the past 5 years. Market fluctuations reflect both global economic influences and local demand dynamics.
Future trends to watch for include:
- Advancements in sustainable and eco-friendly options driving market growth.
- Increased applications in various industries such as ceramics and construction.
- Potential supply chain disruptions affecting market stability.
- Emerging technologies enhancing product innovation.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 528,310,000 | 2023 | +2.55% | +1.85% | View data |
| 2 | 2 Portugal | 93,670,000 | 2023 | +1.56% | +2.51% | |
| 3 | 3 Poland | 47,652,000 | 2023 | -0.41% | -1.31% | View data |
| 4 | 4 Bulgaria | 18,732,000 | 2023 | +2.09% | +2.71% | View data |
| 5 | 5 Romania | 8,461,400 | 2023 | +0.34% | -3.3% | View data |