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

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus (CIF) - 2022
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus

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

In March 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,938 per ton, reducing by -15% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2021 an increase of 92% m-o-m. Over the period under review, average import prices hit record highs at $8,778 per ton in November 2021; however, from December 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($9,650 per ton), while the price for Russia ($3,600 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $9,797 per ton in 2022, jumping by 26% against the previous year. In general, the export price showed a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 94%. As a result, the export price reached the peak level of $10,329 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +211.9% per year.

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

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses imported into Belarus fell remarkably to 136 tons, shrinking by -56.6% against 2021. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 314 tons, and then fell sharply in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses plummeted to $650K in 2022. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $1.2M, and then contracted significantly in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India455513704394-4.7%
Russia1211192031446.0%
China29412819752.9-43.5%
Others12961.412759.5-22.7%
Total9988221,231650-13.3%

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

  1. India (88.4 tons)
  2. Russia (32.3 tons)
  3. China (11.7 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus

In 2022, overseas shipments of colouring matter; pigments and preparations based on chromium compoundses increased by 232% to 5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a moderate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses soared to $49K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia24.812.211.648.625.1%
OthersN/AN/AN/AN/A0%
Total24.812.211.648.625.1%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Belarus in 2022:

  1. Russia (5.0 tons)

Source: IndexBox Market Intelligence Platform

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