In 2023, China imported pigments, opacifiers, and colors for ceramics or glass amounting to approximately 13.8 million kilograms. Forecast data indicates a steady year-on-year growth: 3.4% from 2024 to 2025, 3.2% from 2025 to 2026, 3.1% from 2026 to 2027, and 2.9% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is projected at about 3.1%, suggesting a moderate expansion in import volume.
Future trends to watch include:
- Technological advancements in ceramics and glass production which may influence the demand for specific pigments and opacifiers.
- Environmental policies affecting the import and use of certain chemical substances used as pigments.
- Global supply chain dynamics impacting the availability and price volatility of raw materials.