Key Market Indicators
Omani Pigment Import is projected to reach approximately 731,000 kilograms by 2028, up from around 727,000 kilograms in 2023. This marks a modest growth rate of 0.1% year on year. Since 2004, the country's demand for pigments has increased by an average of 2% annually. In contrast, Omani Pigment Export witnessed a significant decline. The export volume dropped to about 22,750 kilograms in 2023, down from nearly 36,700 kilograms in 2022, representing a 38% decrease compared to the previous year. Since 2006, the country's pigment supply has been decreasing by an average of 28.9% annually. In the global ranking for 2023, Oman was positioned at number 54, with Kazakhstan surpassing it with a similar export volume of 22,750 kilograms. Germany, Saudi Arabia, and China secured the second, third, and fourth positions, respectively.
