Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal - 2023

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (CIF) - 2022
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (CIF) - 2022

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $14,443 per ton in 2022, jumping by 82% against the previous year. In general, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($24,484 per ton), while the price for Canada ($6,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $10,179 per ton, waning by -38.8% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 119% against the previous year. The export price peaked at $16,634 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($28,441 per ton), while the average price for exports to Angola ($5,645 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal

In 2022, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -75% to 36 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. As a result, imports attained the peak of 205 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped remarkably to $521K in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany98.626.229429143.4%
Spain85.217622288.21.2%
Netherlands14988.921281.4-18.3%
Canada48160220126.7-61.9%
AustriaN/A8.99.619.849.2%
Belgium37.114.2180N/A120.3%
United Kingdom120518N/AN/A331.7%
PolandN/A11121.3N/A-80.8%
Others12.33.49.713.94.2%
Total9831,5491,149521-19.1%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Portugal in 2022:

  1. Germany (17.0 tons)
  2. Spain (10.4 tons)
  3. Canada (4.0 tons)
  4. Netherlands (3.3 tons)
  5. Austria (1.0 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal

In 2022, shipments abroad of colouring matter; pigments and preparations based on chromium compoundses was finally on the rise to reach 4 tons after two years of decline. In general, exports, however, recorded a noticeable downturn.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses surged to $40K in 2022. Overall, exports posted a mild expansion. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11.57.917.817.915.9%
AngolaN/A2.55.717.5164.6%
ChinaN/AN/AN/A5.00%
Germany18.8N/AN/AN/A0%
MozambiqueN/A2.3N/AN/A0%
Algeria1.5N/AN/AN/A0%
Ghana4.04.55.8N/A20.4%
Others3.3N/AN/AN/A0%
Total39.217.229.340.41.0%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Portugal in 2022:

  1. Angola (3.1 tons)
  2. Spain (0.7 tons)
  3. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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