In 2023, China led the global export share of vat dyes and preparations with 41.52%, followed by Singapore at 27.72% and Germany at 23.77%. Year-on-year, China saw a growth of 3.22%, while Singapore experienced a significant increase of 5.4%. Germany's exports grew modestly at 1.38%. Notable growth was observed in Poland, with a dramatic 105.54% increase, and Malaysia at 10.09%. Conversely, major declines were seen in countries like Spain (-32.78%) and South Korea (-19.18%). Over the past five years, the industry has fluctuated, with varying compound annual growth rates across countries.
- Watch for technological advancements in dye production influencing competitive positioning.- Sustainability trends may shift market shares towards eco-friendly vat dye exporters.- Geopolitical dynamics could impact trade routes and partnerships, affecting export volumes.- The economic recovery from global disruptions may alter supply chain efficiencies and export strategies.
Top countries in Export of Vat Dyes and Preparations Based Thereon Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 41.52 | 2023 | +1.88% | +3.22% | View data |
| 2 | 2 Singapore | 27.72 | 2023 | +5.16% | +5.4% | View data |
| 3 | 3 Germany | 23.77 | 2023 | +1.87% | +1.38% | View data |
| 4 | 4 Brazil | 4.21 | 2023 | +5.81% | +2.74% | View data |
| 5 | 5 India | 3.38 | 2023 | +2.81% | -0.92% | View data |
| 6 | 6 Pakistan | 2.51 | 2023 | +6.14% | +7.32% | View data |
| 7 | 7 Switzerland | 1.07 | 2023 | -0.075% | +2.02% | View data |
| 8 | 8 Portugal | 0.44 | 2023 | +4.43% | +5.54% | View data |
| 9 | 9 Thailand | 0.34 | 2023 | +3.69% | +0.24% | View data |
| 10 | 10 Canada | 0.31 | 2023 | +5.87% | +7.15% | View data |
