Key Market Indicators
Malaysian pigment exports are projected to climb to nearly 3.9 million kilograms by 2028, up from approximately 3.2 million kilograms in 2023. This represents an annual growth rate of 3.1%. Since 2002, Malaysia's pigment supply has increased by an average of 4.6% each year. In 2023, Malaysia ranked 18th globally in pigment exports, with Slovenia just ahead, matching Malaysia's export figure of around 3.2 million kilograms. The top three countries in this ranking were Germany, Saudi Arabia, and China. On the import side, Malaysia's pigment imports are expected to reach nearly 3.9 million kilograms by 2028, rising from about 3.6 million kilograms in 2023. This marks an annual growth rate of 1.4%. Since 2002, Malaysian demand for pigments has grown by an average of 2.2% each year.
