EU - Paints And Varnishes - Market Analysis, Forecast, Size, Trends and Insights
The EU Paint and Varnish Industry Displays a Pattern of Steady Decline
From 2007 to 2014, EU production of paints and varnishes showed a steady decrease, falling from X million tonnes in 2007 to X million tonnes in 2014. It dropped with a CAGR of -X% over the period under review. In value terms, EU paint and varnish production was X million EUR in 2014, falling by -X% annually.
Italy was the largest producer of paints and varnishes in absolute volumes, with X thousand tonnes. It was distantly followed by the United Kingdom (X thousand tonnes), France (X thousand tonnes) and Spain (X thousand tonnes).
Italy (-X% per year), France (-X% per year) and Spain (-X% per year) showed negative dynamics over the analyzed period.
Italy dominated in EU paint and varnish production and ranked second in trade. In 2014, it exported X% of its total paint and varnish output. Of this amount, X% was supplied to Germany, where Italy's paints and varnishes held a X% share of total German imports.
Source: IndexBox AI Platform
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