In 2023, India dominated the global export of acid and mordant dyes, accounting for nearly half of the market with a share of 49.86%. China's share decreased by 3.88% to 7.74%, while Thailand and Italy showed modest growth in their shares. Significant declines were observed in Spain, France, and Switzerland. South Africa and Belarus exhibited notable increases in their market shares, suggesting potential strategic expansions. Overall, the chemical industry's shifting dynamics and regional trade policies have impacted these trends.
Future trends to watch include the potential rise of India's share if current growth continues and emerging markets such as Malaysia and South Africa gaining traction. Additionally, environmental regulations and changes in consumer preferences towards sustainable products could influence the production and export of these dyes globally.
Top countries in Export of Acid and Mordant Dyes and Preparations Based Thereon Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 49.86 | 2023 | +2.76% | +2.39% | View data |
| 2 | 2 China | 7.74 | 2023 | -5.6% | -3.88% | View data |
| 3 | 3 Thailand | 6.67 | 2023 | +2.01% | +3.26% | View data |
| 4 | 4 Italy | 5.81 | 2023 | +0.42% | +1.18% | View data |
| 5 | 5 Germany | 4.67 | 2023 | -2.55% | -2.88% | View data |
| 6 | 6 Singapore | 4.47 | 2023 | +1.4% | +2.86% | View data |
| 7 | 7 Spain | 3.11 | 2023 | -14.36% | -12.62% | View data |
| 8 | 8 United States | 2.74 | 2023 | -0.4% | -1.59% | View data |
| 9 | 9 Japan | 0.72 | 2023 | +1.53% | -1.31% | View data |
| 10 | 10 Indonesia | 0.72 | 2023 | +0.83% | +1.23% | View data |
