The import value of pigments for paints and dyes packaged for retail to Norway is expected to decrease steadily from 2024 to 2028. Specifically, forecasts indicate a decline from 3.4153 million USD in 2024 to 2.9511 million USD in 2028. This shows a noticeable year-on-year drop, with significant decreases observed each year. In 2023, the import value stood at 3.532 million USD, indicating an initial downward trend starting from 2024. Over the last two years, the year-on-year variations have been consistently negative. The CAGR from 2024 to 2028 indicates an average annual decline in import value.

Future trends to watch for:

Alternative sourcing strategies by Norwegian companies to localize pigment production.
Technological advancements in paint and dye formulations, potentially reducing demand for imported pigments.
Economic fluctuations and trade policies affecting import costs and volumes.