Key Market Indicators
Belgium's pigment import is projected to climb to approximately 7 million kilograms by 2028, up from around 6.3 million kilograms in 2023. This marks an annual growth rate of 1.8%. Since 2004, the demand for pigments in Belgium has consistently increased, growing at an average rate of 2.3% per year. In contrast, Belgium's pigment export is expected to decline significantly. Projections indicate that exports will drop to roughly 1.8 million kilograms by 2028, down from about 3.6 million kilograms in 2023. This represents an average annual decrease of 11.2%. Since 2004, the country's pigment supply has been on a downward trend, falling at an average rate of 7.3% per year. In 2023, Belgium ranked 13th in pigment exports, with Sweden leading the way at around 3.6 million kilograms. Germany, Saudi Arabia, and China followed in the second, third, and fourth positions, respectively.
