Key Market Indicators
Peruvian pigment imports are projected to surge to nearly 296,000 kilograms by 2028, up from approximately 272,000 kilograms in 2023. This represents an average annual growth rate of 1.4%. Historical data reveals that since 1997, the demand for pigments in Peru has increased at an average annual rate of 1.8%. On the export front, Peru saw a substantial rise in pigment exports, reaching about 4,400 kilograms in 2018, a significant jump from the 2,600 kilograms recorded in 2017. This marks a 71.9% increase year-over-year. However, it's important to note that since 1997, the country's pigment supply has shown a yearly decline of 17.6%.
