The global export market for pigments based on zinc sulphide and lithopone is led by China and Spain, contributing substantial export values of 17.428 million and 16.863 million USD respectively. Germany and the United States follow with notable figures, although the U.S. showed significant growth of 10.74% year-on-year. Other European countries like Italy, Lithuania, and Finland also contribute, with minor values but steady growth trends, notably Denmark with a remarkable 51.05% increase. In contrast, the Czech Republic and Singapore experienced declines. Emerging contributors such as South Korea and Malaysia depict positive trends, indicating their growing roles.
Future trends to watch include China's potential market adjustments amidst minor contractions, while Spain might continue steady increases. Noteworthy is the U.S.'s expansion, suggesting a strengthening market position. Denmark's growth deserves attention for future potential. Key emerging markets in Asia like Malaysia show promise for rising market share, which might alter dynamics. Monitoring geopolitical influences, technological advancements, and environmental regulations will be crucial, as they may cause shifts in production and trade patterns over time.
Top countries in Export of Pigments Based on Zinc Sulphide, Lithophone by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17,428,000 | 2023 | -1.44% | -0.49% | View data |
| 2 | 2 Spain | 16,863,000 | 2023 | +2.41% | +1.5% | View data |
| 3 | 3 Germany | 12,664,000 | 2023 | -1.12% | -1.69% | View data |
| 4 | 4 United States | 2,298,500 | 2023 | -3.43% | +10.74% | View data |
| 5 | 5 Italy | 1,380,500 | 2023 | +2.35% | +3.29% | View data |
| 6 | 6 Lithuania | 760,950 | 2023 | +6.38% | +1.15% | View data |
| 7 | 7 Finland | 317,350 | 2023 | +3.46% | +5.66% | View data |
| 8 | 8 Czech Republic | 301,860 | 2023 | -26.25% | -28.76% | View data |
| 9 | 9 South Korea | 265,490 | 2023 | +1.26% | -3.56% | View data |
| 10 | 10 Denmark | 226,370 | 2023 | +7% | +51.05% | View data |