The import volume of synthetic organic pigments and preps based thereon to China in 2023 stood at 19.038 million kilograms. The forecasted data for 2024 to 2028 shows a gradual decline in imports. Specifically, the import volumes decrease from 18.919 million kilograms in 2024 to 18.467 million kilograms in 2028. This represents a year-on-year reduction of 0.62% from 2024 to 2025, 0.61% from 2025 to 2026, 0.60% from 2026 to 2027, and 0.59% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately -0.58%.
Future trends to watch for include:
• Potential shifts in China's manufacturing sector that could affect demand for synthetic organic pigments.
• Changes in international trade policies or tariffs that might impact import volumes.
• Technological advancements in pigment production that could alter the demand for imports.
