Key Market Indicators
Bahrain's pigment import is projected to climb to approximately 4.1 million kilograms by 2028, up from around 3.4 million kilograms in 2023. This marks an average annual growth rate of 3.1%. Since 2005, the demand for pigments in Bahrain has been on an upward trajectory, increasing by 5% annually. On the export front, Bahrain's pigment exports are expected to dip to about 248,000 kilograms by 2028, down from roughly 262,000 kilograms in 2023. This represents a compound annual growth rate (CAGR) decline of 0.8%. Despite the decrease, Bahrain has seen a 1.1% yearly increase in pigment supply since 2005. In 2023, Bahrain ranked 39th globally in pigment exports, with Lebanon surpassing it by exporting approximately 262,000 kilograms. Leading the global rankings were Germany, Saudi Arabia, and China, occupying the second, third, and fourth positions, respectively.