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

Contents:

  1. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam (FOB) - 2022
  2. Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam (CIF) - 2022
  3. Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam
  4. Imports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam

Price for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam (FOB) - 2022

The average export price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides stood at $2,261 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 an increase of 33%. The export price peaked at $3,090 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($5,317 per ton), while the average price for exports to Poland amounted to $2,207 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+5.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides amounted to $2,902 per ton, remaining constant against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; lithopone and other pigments and preparations based on zinc sulphides increased by +22.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30%. Over the period under review, average import prices attained the peak figure at $3,903 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,903 per ton), while the price for South Korea ($2,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam

In 2022, the amount of colouring matter; lithopone and other pigments and preparations based on zinc sulphides exported from Vietnam surged to 512 tons, increasing by 230% on the previous year. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides soared to $1.2M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland70.810910755298.3%
Israel41.89.150.456.810.8%
Others71.710610754997.1%
Total1842242651,15984.7%

Top Export Markets for Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide from Vietnam in 2022:

  1. Poland (250.3 tons)
  2. Israel (10.7 tons)

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

For the third consecutive year, Vietnam recorded decline in supplies from abroad of colouring matter; lithopone and other pigments and preparations based on zinc sulphides, which decreased by -47.1% to 111 tons in 2022. Overall, imports saw a significant decline. The smallest decline of -13.5% was in 2020.

In value terms, imports of colouring matter; lithopone and other pigments and preparations based on zinc sulphides reduced notably to $322K in 2022. In general, imports saw a dramatic setback. The smallest decline of -3.1% was in 2020.

Import of Colouring Matter; Lithopone and Other Pigments and Preparations Based On Zinc Sulphide in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China536433424294-18.1%
South Korea16.97.91.520.97.3%
Germany11.519.73.56.3-18.2%
Thailand34.1105101N/A72.1%
Malaysia50.443.042.2N/A-8.5%
Taiwan (Chinese)35.464.99.3N/A-48.7%
Others24.313.217.6N/A-14.9%
Total709687600322-23.1%

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

  1. China (101.4 tons)
  2. South Korea (7.2 tons)
  3. Germany (2.2 tons)

Source: IndexBox Market Intelligence Platform

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