Based on the data provided:
- 2024: 857.03 Thousand Kilograms
- 2025: 639.35 Thousand Kilograms (YoY: -25.4%)
- 2026: 426.02 Thousand Kilograms (YoY: -33.4%)
- 2027: 216.95 Thousand Kilograms (YoY: -49.1%)
- 2028: 12.07 Thousand Kilograms (YoY: -94.4%)
The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is projected to be approximately -58.9%.
The forecast indicates a significant and rapid decline in imports of pigments and dyes to the UAE. This trend could be attributed to increasing local production capabilities, shifts in consumer preferences, or advancements in alternative technologies. Stakeholders should monitor changes in regulatory policies, technological innovations in the paint and dye industry, and shifts in international trade agreements that could influence future import volumes.
