Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka - 2022

Contents:

  1. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka (CIF) - 2022
  2. Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka (CIF) - 2022

In 2022, the average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $18,050 per ton, with an increase of 654% against the previous year. Overall, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($30,399 per ton), while the price for Hong Kong SAR totaled $2,305 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+966.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in purchases abroad of colouring matter; lithopone and other pigments and preparations based on zinc sulphides, which increased by 43% to 2.3 tons in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 216%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides surged to $41K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A3.538.81008.6%
Hong Kong SARN/A0.30.12.3176.9%
Spain0.5N/AN/AN/A0%
China0.41.40.1N/A-50.0%
Others0.60.70.1N/A-59.2%
Total1.62.43.841.1195.1%

Top Suppliers of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide to Sri Lanka in 2022:

  1. South Korea (1.3 tons)
  2. Hong Kong SAR (1.0 tons)

Source: IndexBox Market Intelligence Platform

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