Key Market Indicators
Portugal's pigment import is projected to climb to approximately 2.7 million kilograms by 2028, up from around 2.4 million kilograms in 2023. This marks an average annual growth rate of 1.6%. Since 1993, the country's demand for pigments has been increasing at an annual rate of 3.1%. On the export front, Portugal's pigment shipments are expected to reach nearly 1 million kilograms by 2028, rising from about 893,000 kilograms in 2023. This represents an average annual growth rate of 1.7%. Over the past three decades, Portuguese pigment exports have surged by 3% annually. In the global ranking, Portugal stood at 29th place in 2023, with South Korea just ahead at approximately 893,000 kilograms. The leading exporters in the category were Germany, Saudi Arabia, and China, occupying the second, third, and fourth spots, respectively.
