In 2023, the import of pigments for paint, stamping foils, and dyes to Norway stood at 4.5420 million USD. Forecasted data from 2024 onwards indicate a decreasing trend. By 2024, imports are expected to be at 4.4239 million USD, declining consistently each year to reach 3.9677 million USD by 2028.
Year-on-year percentage variations show a consistent decline: for 2025, a -2.65% decrease compared to 2024; for 2026, a -2.67% decline compared to 2025; for 2027, a -2.69% decrease compared to 2026; and for 2028, a -2.71% decline compared to 2027.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at -2.68%, indicating an average annual decrease in import value.
Future trends to watch for include:
- Changes in global trade policies impacting import costs.
- Technological advancements in pigment and dye production, potentially reducing the need for imports.
- Fluctuations in demand for paint and stamping foil products within Norway.