The Dyes and Pigments market in Portugal showed fluctuations over the past decade. In 2023, the market value stood at 219.04 million Euros. The market experienced a -13.8% decrease in 2020 due to external pressures but rebounded by 9.35% in 2021 and further increased by 7.18% in 2022. The growth slowed to 3.64% in 2023. The 5-year CAGR was -0.21%, reflecting a generally stagnant market despite fluctuations.
Future trends to watch for include technological advancements in pigmentation processes, increased demand in textile and cosmetics, and environmental regulations impacting production methods. Sustainability might become a key driver in this market.
How does Portugal rank in Dyes and Pigments Market Size Value?
| # | 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 |
| 7 | 7 Sweden | 280,340,000 | 2023 | +0.41% | -0.8% | View data |
| 8 | 8 Austria | 229,200,000 | 2023 | +3.43% | +1.37% | View data |
| 9 | 9 Portugal | 219,040,000 | 2023 | +3.64% | -0.21% | |
| 10 | 10 Romania | 165,970,000 | 2023 | +2.41% | +2.23% | View data |
| 11 | 11 Hungary | 118,510,000 | 2023 | +0.24% | +0.69% | View data |
