In 2023, the import volume of synthetic organic pigments and preparations based thereon to the US was 54.1 million kilograms. The forecast for 2024 indicates a 0.72% increase to 54.491 million kilograms. From 2025 to 2028, a consistent growth trend is anticipated with year-on-year increases ranging from 0.73% to 0.68%. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.72%, reflecting a moderate pace of growth in the import volume.
Future trends to watch for:
- Continued demand arising from technological advancements in the colors and coatings sector.
- Potential impacts of trade policies and economic conditions on the import dynamics.
- Innovation in sustainable and eco-friendly synthetic organic pigments.