Key Market Indicators
Greek pigment exports are projected to reach approximately 683,000 kilograms by 2028, up from around 607,000 kilograms in 2023. This represents an annual compound growth rate (CAGR) of 1.9%. Since 1993, Greece's pigment supply has seen an average annual growth rate of 4%. In 2023, Greece ranked 31st globally in pigment exports, with the Czech Republic surpassing it at the same export volume of around 607,000 kilograms. Leading the global rankings were Germany, Saudi Arabia, and China, occupying the second, third, and fourth positions respectively. On the import side, Greece is expected to see a significant decline. Pigment imports are forecasted to drop to roughly 247,000 kilograms by 2028 from about 515,000 kilograms in 2023, reflecting an annual decline of 11.6%. This continues a long-term trend, as Greek demand for pigments has been decreasing by an average of 13.5% per year since 1993.
