The global export market for pigments used in paints and dyes, packaged for retail, is dominated by Germany, followed by Japan and the United States. Germany's market share grew by a modest 0.093%, while India and Canada showed significant growth, rising 3.18% and 5.18%, respectively. Conversely, France and the United Kingdom experienced notable declines, with reductions of 1.69% and 2.64% each. Smaller markets like Ecuador and Guyana saw dramatic year-on-year increases of 18.99% and 98.35%, respectively, indicating emerging export potentials.
Looking forward, it will be important to monitor:
- The consistency of growth in emerging markets such as India, Malaysia, and Brazil, which have shown resilience and potential for expansion.
- The impact of any global economic changes which may shift the balance in consumption and production of pigments and dyes.
- The technological advancements in pigment production, which may affect market shares and the emergence of new players.
Top countries in Export of Pigments for Paints, Dyes Packaged for Retail Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.94 | 2023 | +0.36% | +0.093% | View data |
| 2 | 2 Japan | 13.87 | 2023 | +2.4% | +1.97% | View data |
| 3 | 3 United States | 10.07 | 2023 | +0.68% | +0.49% | View data |
| 4 | 4 India | 6.64 | 2023 | +1.51% | +3.18% | View data |
| 5 | 5 France | 5.84 | 2023 | -0.72% | -1.69% | View data |
| 6 | 6 Belgium | 5.68 | 2023 | +0.14% | +0.48% | View data |
| 7 | 7 Netherlands | 4.59 | 2023 | +2.18% | +1.68% | View data |
| 8 | 8 Italy | 3.33 | 2023 | +0.51% | -0.16% | View data |
| 9 | 9 China | 3.16 | 2023 | +1.54% | +2.81% | View data |
| 10 | 10 United Kingdom | 2.42 | 2023 | -2.31% | -2.64% | View data |
