Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates - 2022

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $3,596 per ton, falling by -4.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2017 when the average import price increased by 60% against the previous year. The import price peaked at $4,695 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,621 per ton), while the price for Singapore ($596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+51.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (FOB) - 2022

The average export price for colouring matter; ultramarine and preparations based therea stood at $1,210 per ton in 2022, dropping by -24.3% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 54%. As a result, the export price attained the peak level of $3,888 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($7,222 per ton), while the average price for exports to Jordan ($33 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 Nigeria (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates

In 2022, the amount of colouring matter; ultramarine and preparations based therea imported into the United Arab Emirates skyrocketed to 452 tons, surging by 24% on 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $1.6M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 28%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19123440862048.1%
Spain38744255358614.8%
China195200249131-12.4%
France54.211872.145.7-5.5%
United Kingdom10.716.312.914.09.4%
Others51.412984.222864.3%
Total8901,1401,3791,62522.2%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to the United Arab Emirates in 2022:

  1. India (248.3 tons)
  2. Spain (108.1 tons)
  3. China (52.5 tons)
  4. United Kingdom (17.5 tons)
  5. France (8.1 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates

In 2022, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -62% to 36 tons, falling for the second year in a row after two years of growth. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 54%. As a result, the exports reached the peak of 96 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of colouring matter; ultramarine and preparations based therea dropped remarkably to $43K in 2022. Overall, exports saw a sharp downturn. The smallest decline of -19% was in 2020.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/A25.530.815.0-23.3%
Iran12685.959.812.2-54.1%
Nigeria17.219.522.75.6-31.2%
GhanaN/AN/AN/A4.70%
Niger3.714.47.10.7-42.6%
Senegal2.41.72.00.3-50.0%
JordanN/AN/AN/AN/A0%
Djibouti19.826.1N/AN/A31.8%
Others74.524.228.84.9-59.6%
Total24419715143.5-43.7%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from the United Arab Emirates in 2022:

  1. Ghana (10.3 tons)
  2. Azerbaijan (9.0 tons)
  3. Iran (6.8 tons)
  4. Niger (3.5 tons)
  5. Nigeria (3.1 tons)
  6. Senegal (1.8 tons)
  7. Jordan (0.6 tons)

Source: IndexBox Market Intelligence Platform

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