Key Market Indicators
Jamaican Pigment Export is projected to grow modestly. By 2028, the export volume is expected to reach approximately 1,920 kilograms, up from around 1,860 kilograms in 2023. This marks an average annual growth rate of 0.6%. Historically, since 1996, Jamaican pigment supply has been increasing at an average annual rate of 0.7%. In contrast, Jamaican Pigment Import is anticipated to decline sharply. The import volume is forecasted to drop to about 324,000 kilograms by 2028, down from roughly 518,000 kilograms in 2023. This represents a compound annual growth rate (CAGR) of -7.4%. Since 1996, Jamaica's demand for pigments has been decreasing by an average of 6.1% each year.
