Key Market Indicators
Mongolia's pigment imports are expected to see a significant decline over the next five years. According to projections, the import volume is set to plummet from approximately 40,000 kilograms in 2023 to around 3,500 kilograms by 2028. This represents an average annual decrease of 36%. The downward trend in pigment imports is not a new development for Mongolia. Since 2001, the country's demand for pigments has been decreasing at an average rate of 12.6% per year. As the nation continues to reduce its reliance on these imports, the impact on related industries and markets will be closely monitored.
