Global Colour Lake Market 2024

Colour Lake Market Size

The global colour lake market reached $X in 2023, growing by X% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Global consumption peaked in 2023 and is expected to retain growth in years to come.

Colour Lake Production

In value terms, colour lake production rose slightly to $X in 2023 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2023.

Colour Lake Exports

Exports

In 2023, approx. X tons of colour lakes, preparations based on colour lakes were exported worldwide; shrinking by X% on 2022. Over the period under review, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, colour lake exports contracted modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

In 2023, India (X tons), distantly followed by the Netherlands (X tons), Peru (X tons), the United States (X tons) and Germany (X tons) represented the largest exporters of colour lakes, preparations based on colour lakes, together committing X% of total exports. The following exporters - the UK (X tons), France (X tons), Belgium (X tons), South Korea (X tons), China (X tons), Taiwan (Chinese) (X tons), Spain (X tons) and South Africa (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest colour lake supplying countries worldwide were India ($X), Peru ($X) and the United States ($X), together accounting for X% of global exports. The UK, France, the Netherlands, Germany, Belgium, South Korea, Spain, China, Taiwan (Chinese) and South Africa lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average colour lake export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other global leaders experienced more modest paces of growth.

Colour Lake Imports

Imports

In 2023, purchases abroad of colour lakes, preparations based on colour lakes increased by X% to X tons, rising for the third consecutive year after four years of decline. Overall, imports, however, showed a pronounced setback. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, global imports reached the peak figure at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, colour lake imports rose remarkably to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X%. Global imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, the Netherlands (X tons) and Belgium (X tons) were the largest importers of colour lakes, preparations based on colour lakesin the world, together amounting to near X% of total imports. It was distantly followed by Austria (X tons), committing a X% share of total imports. Mexico (X tons), Russia (X tons), France (X tons), the United States (X tons), Germany (X tons), South Africa (X tons), the UK (X tons), China (X tons), Bangladesh (X tons) and Guatemala (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest colour lake importing markets worldwide were the Netherlands ($X), Belgium ($X) and France ($X), with a combined X% share of global imports. Bangladesh, the United States, China, Mexico, Germany, the UK, Austria, Russia, South Africa and Guatemala lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average colour lake import price stood at $X per ton in 2023, remaining constant against the previous year. In general, import price indicated a prominent expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, colour lake import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform