| Product Code: ETC9235129 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Seychelles` mineral spirits import market in 2024 continued to be dominated by top exporters such as United Arab Emirates, Germany, India, Singapore, and Mauritius. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, reflecting the strong presence of these countries. With a notable compound annual growth rate (CAGR) of 8.81% from 2020 to 2024, the import market shows steady expansion. Although the growth rate slightly decreased from 2023 to 2024 at 1.3%, the overall trend suggests a positive outlook for the mineral spirits import sector in Seychelles.

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 Seychelles Mineral Spirits Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles Mineral Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles Mineral Spirits Market - Industry Life Cycle |
3.4 Seychelles Mineral Spirits Market - Porter's Five Forces |
3.5 Seychelles Mineral Spirits Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Seychelles Mineral Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial solvents and thinners |
4.2.2 Growth in the construction and infrastructure sector in Seychelles |
4.2.3 Rising use of mineral spirits in automotive and marine industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations on the use of mineral spirits due to environmental concerns |
5 Seychelles Mineral Spirits Market Trends |
6 Seychelles Mineral Spirits Market, By Types |
6.1 Seychelles Mineral Spirits Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Seychelles Mineral Spirits Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Seychelles Mineral Spirits Market Revenues & Volume, By Paint Thinner, 2021- 2031F |
6.1.4 Seychelles Mineral Spirits Market Revenues & Volume, By Extraction Solvent, 2021- 2031F |
6.1.5 Seychelles Mineral Spirits Market Revenues & Volume, By Cleaning Solvent, 2021- 2031F |
6.1.6 Seychelles Mineral Spirits Market Revenues & Volume, By Degreasing Solvent, 2021- 2031F |
6.1.7 Seychelles Mineral Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Seychelles Mineral Spirits Market Import-Export Trade Statistics |
7.1 Seychelles Mineral Spirits Market Export to Major Countries |
7.2 Seychelles Mineral Spirits Market Imports from Major Countries |
8 Seychelles Mineral Spirits Market Key Performance Indicators |
8.1 Number of construction permits issued in Seychelles |
8.2 GDP growth rate in Seychelles |
8.3 Number of new automotive and marine registrations in Seychelles |
9 Seychelles Mineral Spirits Market - Opportunity Assessment |
9.1 Seychelles Mineral Spirits Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Seychelles Mineral Spirits Market - Competitive Landscape |
10.1 Seychelles Mineral Spirits Market Revenue Share, By Companies, 2024 |
10.2 Seychelles Mineral Spirits 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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