In 2023, Spain led European imports of polyester-based paints and varnishes, achieving a volume increase of 5.71%. France, Belgium, and Germany also contributed significantly, but with modest growth ranging from 1.34% to 2.45%. Italy and the UK experienced declines, with Italy dropping slightly and the UK decreasing by 4.33%. Lithuania and Finland showed the most dynamic growth rates at 9.72% and 6.59%, respectively. Portugal benefited from an 8.9% increase, indicating a robust market.
Future trends to watch include economic fluctuations impacting consumer and industrial sectors, potential regulation changes regarding chemical imports, and innovation in polyester products to match environmental standards. Increasing demand for sustainable solutions will drive changes in trade volumes and market shares among European nations.
Top countries in Import of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Excluding Enamels and Lacquers) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 41,475,000 | 2023 | +4.53% | +5.71% | View data |
| 2 | 2 France | 29,099,000 | 2023 | +4.41% | +1.34% | View data |
| 3 | 3 Belgium | 28,178,000 | 2023 | +2.88% | +1.7% | View data |
| 4 | 4 Germany | 23,601,000 | 2023 | +1.07% | +2.45% | View data |
| 5 | 5 Poland | 18,986,000 | 2023 | +1.78% | +1.75% | View data |
| 6 | 6 Netherlands | 17,536,000 | 2023 | +2.1% | +2.17% | View data |
| 7 | 7 Italy | 15,384,000 | 2023 | +5.04% | -0.28% | View data |
| 8 | 8 Czechia | 11,900,000 | 2023 | |||
| 9 | 9 Austria | 11,457,000 | 2023 | +1.04% | +3.1% | View data |
| 10 | 10 Portugal | 8,445,200 | 2023 | +2.95% | +8.9% | View data |