Key Market Indicators
Japan's pigment export is projected to climb to nearly 7.8 million kilograms by 2028, up from approximately 7.2 million kilograms in 2023. This marks an average annual growth rate of 1.4%. Since 1993, the country's pigment supply has seen an average yearly increase of 2.4%. In 2023, Japan ranked seventh in the global pigment export market, with France leading at the same export volume of around 7.2 million kilograms. Germany, Saudi Arabia, and China secured the second, third, and fourth positions, respectively. On the import front, Japan's pigment intake is expected to rise to about 805,000 kilograms by 2028, up from roughly 769,000 kilograms in 2023. This reflects an annual growth rate of 0.8%. Since 1993, Japanese pigment demand has surged by an average of 5.9% per year.
