Key Market Indicators
Macedonian pigment exports are projected to plummet to approximately 77 kilograms by 2028, down from around 893 kilograms in 2023. This represents a significant annual decline of 36%. Since 1999, the country's pigment supply has decreased by 18% annually. In 2023, Macedonia ranked 65th globally in pigment exports. Cyprus surpassed Macedonia with 893 kilograms. Germany, Saudi Arabia, and China held the second, third, and fourth positions, respectively. On the import front, Macedonian pigment imports are forecasted to reach around 61,440 kilograms by 2028, a modest increase from 60,300 kilograms in 2023. This reflects a 0.4% annual growth rate. Since 1999, the nation's pigment demand has risen by 2.4% each year.
