Key Market Indicators
In 2023, Switzerland imported a total of approximately 47,000 kilograms of pigments, a sharp decline of 78.4% from the 218,000 kilograms imported in 2022. This significant drop mirrors a long-term trend, with Swiss demand for pigments decreasing by an average of 43.3% annually since 1993. On the export front, Swiss pigment exports are projected to reach around 3.78 million kilograms by 2028, up from 3.49 million kilograms in 2023. This represents an annual compound growth rate (CAGR) of 1.3%. Swiss pigment supply has consistently grown at this rate since 1993. In 2023, Switzerland ranked 14th in global pigment exports, with Belgium leading the pack at 3.49 million kilograms. Germany, Saudi Arabia, and China followed closely, occupying the second, third, and fourth spots, respectively.
