Key Market Indicators
Emirati pigment imports are projected to plummet to approximately 12,000 kilograms by 2028, a dramatic decrease from the 1.09 million kilograms recorded in 2023. This decline represents an average annual reduction of 57.4%. The downward trend has been evident since 2012, with demand decreasing by an annual average of 11.5%. Conversely, Emirati pigment exports are expected to see modest growth. By 2028, exports are forecasted to reach about 1.15 million kilograms, up from 1.11 million kilograms in 2023. This increase translates to an annual compound growth rate of 0.6%. Since 2012, the supply of pigments from the Emirates has experienced an annual rise of 0.7%.
