In 2023, global exports of pigments for paints, dyes packaged for retail saw India as the leading exporter with a notable value of 38.856 million kg, showing a 4.51% year-on-year increase. Germany followed with 22.365 million kg, despite a slight decline of 0.19%. Key players such as Saudi Arabia and China saw growth rates of 2.47% and 3.12%, respectively. Additionally, the United States recorded a significant decline of 5.37%, while France's exports also decreased by 1.97%. Emerging exporters like Azerbaijan and Cyprus exhibited remarkable growth, with increases of 42.8% and 160.21%, respectively.
Future trends to watch include:
- Continued growth in emerging markets such as Azerbaijan and Cyprus.
- Potential volatility in traditional markets like the United States and Germany.
- Technological advancements and environmental regulations possibly influencing production and export strategies.
- Increasing role of Asian markets, especially India and China, as leading exporters in this sector.
Top countries in Export of Pigments for Paints, Dyes Packaged for Retail by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 38,856,000 | 2023 | +2.1% | +4.51% | View data |
| 2 | 2 Germany | 22,365,000 | 2023 | -0.23% | -0.19% | View data |
| 3 | 3 Saudi Arabia | 12,455,000 | 2023 | +0.66% | +2.47% | View data |
| 4 | 4 China | 10,204,000 | 2023 | +2.45% | +3.12% | View data |
| 5 | 5 United States | 9,147,300 | 2023 | -5.11% | -5.37% | View data |
| 6 | 6 France | 8,398,500 | 2023 | -1.6% | -1.97% | View data |
| 7 | 7 Japan | 7,164,100 | 2023 | +1.81% | +2.39% | View data |
| 8 | 8 Netherlands | 7,086,100 | 2023 | +1.91% | +2.03% | View data |
| 9 | 9 Italy | 5,499,800 | 2023 | -2.19% | -2.49% | View data |
| 10 | 10 Russia | 5,204,500 | 2023 | +4% | +3.73% | View data |
