Key Market Indicators
South Africa's pigment import is projected to hit approximately 2.7 million kilograms by 2028, up from around 2.4 million kilograms in 2023. This marks an average annual growth rate of 2.2%. Since 2005, the country's demand for pigment has surged by an average of 3.7% annually. On the export front, South Africa is expected to reach roughly 3.7 million kilograms by 2028, rising from about 3.4 million kilograms in 2023. The exports are growing at an average rate of 1.4% per year. Since 2005, South African pigment supply has increased by an average of 1.1% annually. In 2023, South Africa ranked 15th in pigment exports, with Switzerland overtaking it at the same volume of approximately 3.4 million kilograms. Germany, Saudi Arabia, and China secured the second, third, and fourth positions, respectively, in the global pigment export rankings.
