Key Market Indicators
Ethiopian pigment imports are projected to surge to approximately 595,000 kilograms by 2028, according to recent forecasts. This marks a significant increase from the nearly 500,000 kilograms anticipated for 2023. The growth rate is expected to be around 2.9% annually, as measured by the compound annual growth rate (CAGR). Looking back, Ethiopia has seen a steady rise in pigment demand, with an average annual increase of 4.5% since 2000.
