Germany leads European dyes and pigments production, though its value slightly declined by around 1.96% in 2023. The United Kingdom and Belgium also faced minor reductions, while Italy and Spain experienced slight growth, with increases of 1.5% and 2.44%, respectively. France made a notable gain of 7.78%, contrasting with Finland's 4.21% decline. Romania and Portugal saw moderate improvements, with Serbia showing a significant increase of 26.9%.
Future trends to watch include:
- Potential shifts in production due to economic and industrial changes.
- Technological advancements influencing production efficiency and environmental impact.
- Emerging competition from non-European markets affecting local production values.
Top countries in Dyes and Pigments Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,740 | 2023 | +0.5% | -1.96% | View data |
| 2 | 2 United Kingdom | 1,410 | 2023 | +0.62% | -0.096% | View data |
| 3 | 3 Italy | 1,090 | 2023 | +7.71% | +1.5% | View data |
| 4 | 4 Spain | 923.8 | 2023 | +3.14% | +2.44% | View data |
| 5 | 5 France | 645.4 | 2023 | -1.59% | +7.78% | View data |
| 6 | 6 Belgium | 634.9 | 2023 | +1.02% | -0.79% | View data |
| 7 | 7 Finland | 315.9 | 2023 | +6.54% | -4.21% | View data |
| 8 | 8 Romania | 57.5 | 2023 | +10.36% | +3.81% | View data |
| 9 | 9 Portugal | 11.4 | 2023 | +1.79% | +2.86% | View data |
| 10 | 10 Slovakia | 8.9 | 2023 | -1.11% | -3.8% | View data |
