Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bangladesh - 2022

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bangladesh (CIF) - 2022
  2. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bangladesh

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $3,954 per ton in 2022, with an increase of 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,896 per ton), while the price for Thailand ($910 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of colouring matter; pigments and preparations based on chromium compoundses into Bangladesh reduced remarkably to 427 tons in 2022, which is down by -27.9% on 2021. Over the period under review, imports faced a deep setback. The smallest decline of -6.6% was in 2021.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell to $1.7M in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 3.3%.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,4031,2931,3351,191-5.3%
Thailand1141121241222.3%
China16313212260.8-28.0%
Taiwan (Chinese)45.838.636.836.0-7.7%
Others2622642832812.4%
Total1,9871,8391,9011,690-5.3%

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

  1. India (243.3 tons)
  2. Thailand (133.7 tons)
  3. China (15.0 tons)
  4. Taiwan (Chinese) (9.7 tons)

Source: IndexBox Market Intelligence Platform

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