In 2023, Germany dominated European exports of prepared water pigments for finishing leather, paints, and varnishes, holding a substantial 52.68% share. Italy followed with 34.42%, although it experienced a slight decrease of 2.99% from the previous year. Spain and the Netherlands showed modest growth, while Belgium and Greece had notable increases of 29.51% and 32.35% respectively. Other countries like Austria, Estonia, and Ireland also recorded positive changes. Conversely, Hungary and Slovakia experienced significant declines, with Slovakia decreasing by 8.07%.
Future trends suggest a shift in market dynamics driven by technological advancements in organic pigments and increased demand from emerging markets. Watch for more pronounced growth in smaller countries as they adapt and invest in production capacities, potentially altering the competitive landscape. Sustainability and regulatory changes regarding chemical compositions are also likely to influence European export patterns in the coming years.
Top countries in Export of Prepared Water Pigments for Finishing Leather, Paints and Varnishes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.68 | 2023 | +2.31% | View data | |
| 2 | 2 Italy | 34.42 | 2023 | +6.38% | -2.99% | View data |
| 3 | 3 Spain | 5.24 | 2023 | -25.71% | +3% | View data |
| 4 | 4 Netherlands | 4.69 | 2023 | +11.54% | +1.09% | View data |
| 5 | 5 Sweden | 1.48 | 2023 | +1.6% | +1.8% | View data |
| 6 | 6 Belgium | 1.4 | 2023 | +11.5% | +29.51% | View data |
| 7 | 7 Poland | 1.38 | 2023 | +4.25% | +7.02% | View data |
| 8 | 8 Estonia | 0.78 | 2023 | +5.43% | +3.39% | View data |
| 9 | 9 Austria | 0.78 | 2023 | +2.22% | +8.19% | View data |
| 10 | 10 Greece | 0.57 | 2023 | +1.78% | +32.35% | View data |
