Key Market Indicators
Bulgarian pigment imports are projected to decline to approximately 261,000 kilograms by 2028, down from around 331,000 kilograms in 2023. This represents an average annual decrease of 3.7%. Historically, since 2001, the country's demand for pigments has fallen by an average of 3.8% each year. Conversely, Bulgarian pigment exports are expected to rise to about 134,000 kilograms by 2028, up from roughly 111,000 kilograms in 2023. This marks an average annual growth rate of 3%. Since 2001, Bulgaria's pigment supply has increased by an average of 1.5% per year. In 2023, Bulgaria ranked 42nd in the world for pigment exports, with Denmark surpassing it with a similar export volume of 111,000 kilograms. Leading the global rankings were Germany, Saudi Arabia, and China, occupying the second, third, and fourth positions, respectively.
