Key Market Indicators
Andoresi Pigment Export is poised for significant growth, projected to climb from 870 kilograms in 2023 to approximately 1,030 kilograms by 2028. This marks an average annual increase of 2.7%. Since 2004, the country's pigment supply has surged by nearly 71% year-on-year. In 2023, Andoresi ranked 66th in global pigment exports, just behind Macedonia, which also reported exports of 870 kilograms. Leading the ranking were Germany, Saudi Arabia, and China, occupying the second, third, and fourth spots, respectively. On the import side, Andoresi is also set for substantial growth. Pigment imports are expected to rise from 10,660 kilograms in 2023 to roughly 12,640 kilograms by 2028, maintaining an annual growth rate of 2.7%. Since 2000, the country's pigment demand has increased by about 14% year-on-year.
