In 2023, the UK's imports of synthetic organic pigments and preparations were recorded at 18.60 million kilograms. From 2024 to 2028, the forecast suggests a gradual increase in import volumes, starting from 18.725 million kg in 2024 to 19.23 million kg in 2028. The year-on-year growth rate remains modest, highlighting a consistent yet slow upward trend. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) reflects a stable market environment.
Future trends to watch for include:
- Advancements in eco-friendly and sustainable pigments impacting import demands.
- Potential trade policy adjustments influencing import cost and competitiveness.
- Technological innovations driving changes in pigment usage and requirements.