In 2023, Spain led the European export of polyester-based paints and varnishes at 60.274 million kilograms, followed by France and Italy. Remarkable growth was noted in the Netherlands and Estonia, with increases over 35% and 40%, respectively. Germany faced a decline of nearly 9.5%, while Belgium saw a substantial 27% increase. Ireland experienced a dramatic 208.78% rise, albeit from a smaller base. Conversely, Romania and Portugal stagnated or contracted, indicative of regional challenges. The five-year CAGR prospects underline weak growth, with notable regional and regulatory shifts affecting medium-term exports.
Future trends involve a pivot toward environmentally sustainable products driven by regulations and consumer demand. Market leaders must innovate in eco-friendly formulations while adapting to emerging market dynamics, particularly with anticipated shifts in EU environmental policies promoting sustainable manufacturing.
Top countries in Export of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Including Enamels and Lacquers) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 60,274,000 | 2023 | +2.76% | +6.84% | View data |
| 2 | 2 France | 54,668,000 | 2023 | +0.55% | +8.08% | View data |
| 3 | 3 Italy | 44,374,000 | 2023 | +6.83% | +9.69% | View data |
| 4 | 4 Germany | 7,114,100 | 2023 | -13.74% | -9.49% | View data |
| 5 | 5 Belgium | 4,749,300 | 2023 | +2.83% | +27% | View data |
| 6 | 6 Poland | 1,999,000 | 2023 | +0.34% | +1.51% | View data |
| 7 | 7 Austria | 1,572,600 | 2023 | +0.96% | +7.18% | View data |
| 8 | 8 Finland | 1,242,200 | 2023 | +1.38% | +1.1% | View data |
| 9 | 9 Bulgaria | 1,165,100 | 2023 | +3.4% | +6.96% | View data |
| 10 | 10 Netherlands | 884,560 | 2023 | +164.05% | +35.45% | View data |
