Key Market Indicators
Canadian pigment exports are projected to decline to approximately 1.8 million kilograms by 2028, down from around 2 million kilograms in 2023. This represents an average annual decrease of 1.3%. Since 1994, Canada's pigment supply has been on a steady decline, averaging a 1.4% drop each year. In the global rankings for 2023, Canada occupied the 23rd spot, while the United Kingdom surpassed it with exports also at around 2 million kilograms. Germany, Saudi Arabia, and China secured the 2nd, 3rd, and 4th positions respectively in the same ranking.