| Product Code: ETC4728371 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, North Macedonia continued to import phosphorescent pigments primarily from China, Italy, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was a steady 7.38%, showcasing a consistent demand for these products. The impressive growth rate of 402.97% from 2023 to 2024 suggests a significant surge in imports, highlighting the market`s dynamism and potential for further expansion in the future.

The Phosphorescent Pigments market in North Macedonia is projected to grow at a stable growth rate of 2.89% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Phosphorescent Pigments Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Phosphorescent Pigments Market - Industry Life Cycle |
3.4 Republic of Macedonia Phosphorescent Pigments Market - Porter's Five Forces |
3.5 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Phosphorescent Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Republic of Macedonia Phosphorescent Pigments Market Trends |
6 Republic of Macedonia Phosphorescent Pigments Market Segmentations |
6.1 Republic of Macedonia Phosphorescent Pigments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Organic Phosphorescent Pigment, 2021-2031F |
6.1.3 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Inorganic Phosphorescent Pigment, 2021-2031F |
6.2 Republic of Macedonia Phosphorescent Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.4 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Inks, 2021-2031F |
6.2.6 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.2.7 Republic of Macedonia Phosphorescent Pigments Market Revenues & Volume, By Others, 2021-2031F |
7 Republic of Macedonia Phosphorescent Pigments Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Phosphorescent Pigments Market Export to Major Countries |
7.2 Republic of Macedonia Phosphorescent Pigments Market Imports from Major Countries |
8 Republic of Macedonia Phosphorescent Pigments Market Key Performance Indicators |
9 Republic of Macedonia Phosphorescent Pigments Market - Opportunity Assessment |
9.1 Republic of Macedonia Phosphorescent Pigments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Phosphorescent Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Phosphorescent Pigments Market - Competitive Landscape |
10.1 Republic of Macedonia Phosphorescent Pigments Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Phosphorescent Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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