The European export market for paints and varnishes based on polyesters dispersed in non-aqueous mediums is dominated by Spain, France, and Italy, collectively accounting for a significant share. Germany's export share declined by 9.49% last year, contrasting with strong growth seen in Belgium (27%) and the Netherlands (35.45%). The market showed varied trends across countries, with notable increases in smaller markets such as Estonia (40.25%), Latvia (52.71%), and a remarkable rise in Ireland (208.78%). Meanwhile, significant declines were observed in Sweden (-11.45%) and Romania (-31.39%), indicating shifts in regional dynamics.
Future trends to watch include potential recovery and growth in countries with recent declines, like Germany and Romania, while strong performers such as Ireland, Latvia, and the Netherlands might continue to bolster their positions. The overall market could benefit from diversifying markets and exploring untapped potential in emerging economies. Attention should be paid to environmental regulations and technological developments impacting production and export capabilities.
Top countries in Export of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Including Enamels and Lacquers) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 33.14 | 2023 | +2.76% | +6.84% | View data |
| 2 | 2 France | 30.06 | 2023 | +0.55% | +8.08% | View data |
| 3 | 3 Italy | 24.4 | 2023 | +6.83% | +9.69% | View data |
| 4 | 4 Germany | 3.91 | 2023 | -13.74% | -9.49% | View data |
| 5 | 5 Belgium | 2.61 | 2023 | +2.83% | +27% | View data |
| 6 | 6 Poland | 1.1 | 2023 | +0.34% | +1.51% | View data |
| 7 | 7 Austria | 0.86 | 2023 | +0.96% | +7.18% | View data |
| 8 | 8 Finland | 0.68 | 2023 | +1.38% | +1.1% | View data |
| 9 | 9 Bulgaria | 0.64 | 2023 | +3.4% | +6.96% | View data |
| 10 | 10 Netherlands | 0.49 | 2023 | +164.05% | +35.45% | View data |
