Key Market Indicators
Lithuanian pigment exports are projected to reach approximately 249,000 kilograms by 2028, up from around 232,000 kilograms in 2023. This marks an average annual growth rate of 1.2%. Since 1999, the country's pigment supply has increased modestly at an average rate of 0.3% per year. In the global ranking for 2023, Lithuania secured the 40th position, with Bahrain slightly ahead, also at around 232,000 kilograms. The top three positions were held by Germany, Saudi Arabia, and China, respectively. On the import front, Lithuania's pigment imports are expected to grow to roughly 440,000 kilograms by 2028, an increase from about 407,000 kilograms in 2023. This represents a compound annual growth rate (CAGR) of 1.3%. Since 1999, the country’s pigment demand has grown at an average rate of 0.5% per year.
