Key Market Indicators
British pigment imports are projected to decline to approximately 4.55 million kilograms by 2028, down from nearly 4.95 million kilograms in 2023. This represents an average annual decrease of 1.3%, continuing a long-term trend observed since 1998, during which demand has fallen by 1.7% per year on average. Simultaneously, British pigment exports are expected to drop sharply, reaching around 863,000 kilograms by 2028 from over 2.1 million kilograms in 2023. This marks a steep annual decline of 14.1%. Since 1998, the country's pigment supply has decreased by an average of 9.2% each year. In 2023, the United Kingdom ranked 22nd in global pigment exports, with Romania surpassing it by exporting roughly 2.1 million kilograms. Germany, Saudi Arabia, and China were the second, third, and fourth largest exporters, respectively.
