In 2023, Egypt dominated the global export of Earth Colours containing 70% or more iron as ferrous oxide, capturing the largest market share by a significant margin. Egypt's exports experienced a 12.2% increase, while other countries displayed mixed performances. Notably, France and Russia saw moderate growth, whereas China and India significantly declined by 15.81% and 24.11%, respectively. Other European nations like Italy and Netherlands showed slight declines, while Portugal and Madagascar posted remarkable growth rates albeit from smaller bases.
Looking ahead, global demand dynamics and geopolitical factors may influence export trends. Future trends to watch include potential shifts in trade patterns due to environmental regulations and innovations in alternative pigments, which might impact global competitiveness in this sector.
Top countries in Export of Earth Colours Containing 70% or More of Iron as Ferrous Oxide Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Egypt | 84.89 | 2023 | +5.79% | +12.2% | View data |
| 2 | 2 Italy | 2.62 | 2023 | -1.33% | -1.06% | View data |
| 3 | 3 France | 2.42 | 2023 | +3.3% | +4.47% | View data |
| 4 | 4 China | 2.03 | 2023 | -24.17% | -15.81% | View data |
| 5 | 5 Russia | 1.54 | 2023 | -7.88% | +8.96% | View data |
| 6 | 6 Netherlands | 1.46 | 2023 | +2.26% | -0.28% | View data |
| 7 | 7 Spain | 1.32 | 2023 | -5.88% | -11.58% | View data |
| 8 | 8 South Africa | 1.29 | 2023 | -1.05% | +2.16% | View data |
| 9 | 9 Malaysia | 0.87 | 2023 | +1.01% | -3.51% | View data |
| 10 | 10 Singapore | 0.76 | 2023 | +5.96% | +0.13% | View data |
