In 2023, Italy dominated the European export of organic composite solvents, particularly butyl acetate, with a significant share of 81.08%. Spain and Germany followed with 3.42% and 3.05% respectively. Other countries like the Netherlands, France, and Sweden had smaller shares. Year-on-year changes highlighted substantial decreases for Germany and Slovenia, while countries like the Netherlands, Austria, and Lithuania saw growth. Belgium experienced a complete withdrawal (-100%), reshaping the landscape.
Future trends to watch include the increasing emphasis on sustainable and environmentally-friendly solvents, which could drive innovation and alter market shares. Demand shifts in coatings and inks due to regulatory changes or new technologies will also impact the market distribution significantly.
Top countries in Export of Organic Composite Solvents and Thinners Used in Conjunction with Coatings and Inks, Based on Butyl Acetate Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 81.08 | 2023 | +30.98% | +90.89% | View data |
| 2 | 2 Spain | 3.42 | 2023 | +1.54% | +5.6% | View data |
| 3 | 3 Germany | 3.05 | 2023 | -12.3% | -11.02% | View data |
| 4 | 4 Netherlands | 1.3 | 2023 | +39.68% | +15.15% | View data |
| 5 | 5 France | 1.11 | 2023 | -12.77% | -1.79% | View data |
| 6 | 6 Sweden | 0.98 | 2023 | +1.2% | +4.6% | View data |
| 7 | 7 Portugal | 0.6 | 2023 | -7.71% | -10.14% | View data |
| 8 | 8 Poland | 0.56 | 2023 | +4.08% | +3.5% | View data |
| 9 | 9 Slovenia | 0.33 | 2023 | +1.5% | -22.1% | View data |
| 10 | 10 Latvia | 0.28 | 2023 | +2.48% | +3.01% | View data |
