The Dyes and Pigments market in Austria has witnessed significant fluctuations over the years. Starting from a modest value of EUR 161.13 million in 2012, the market saw a decline in 2013 and 2014, followed by a substantial rise in 2015 and 2016. The market peaked in 2017 with a value of EUR 227.99 million. However, a slight decline was observed in the subsequent years, reaching a low point in 2020 due to various market pressures. The market showed a strong recovery in 2021 but faced minor setbacks in 2022.
Notable variations over the last two years include:
- Year-on-year variation for 2021 was +16.64%.
- Year-on-year variation for 2022 was -1.5%.
Looking at the Compound Annual Growth Rate (CAGR) over the last 5 years:
- From 2014 to 2019, the CAGR saw fluctuations and ended at +7.4% in 2019.
- From 2017 to 2022, the CAGR exhibited a slightly negative trend at -1.55%.
Future trends to watch for include potential impacts of global economic conditions, advances in technology affecting production processes, and evolving regulations around environmental sustainability. Anticipate potential market consolidations and shifts towards more eco-friendly dye and pigment alternatives.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,456,500,000 | 2023 | +1.38% | -4.62% | View data |
| 2 | 2 Italy | 2,595,200,000 | 2023 | +0.89% | +1.13% | View data |
| 3 | 3 France | 1,266,600,000 | 2023 | +0.19% | +0.022% | View data |
| 4 | 4 Spain | 803,850,000 | 2023 | -12.06% | -11.08% | View data |
| 5 | 5 Poland | 720,050,000 | 2023 | +3.52% | +1.46% | View data |
| 6 | 6 Denmark | 393,370,000 | 2023 | +3.35% | +3.92% | View data |
| 7 | 7 Sweden | 280,340,000 | 2023 | +0.41% | -0.8% | View data |
| 8 | 8 Austria | 229,200,000 | 2023 | +3.43% | +1.37% | |
| 9 | 9 Portugal | 219,040,000 | 2023 | +3.64% | -0.21% | View data |
| 10 | 10 Romania | 165,970,000 | 2023 | +2.41% | +2.23% | View data |