Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bulgaria - 2023

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $8,348 per ton in 2022, leveling off at the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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; pigments and preparations based on chromium compoundses increased by +87.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 88%. As a result, import price attained the peak level of $8,395 per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($20,917 per ton), while the price for Spain ($6,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+19.0%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $9,769 per ton, picking up by 12% against the previous year. Overall, the export price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2019 an increase of 80%. As a result, the export price attained the peak level of $14,823 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($19,310 per ton), while the average price for exports to Romania ($8,437 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -38% to 6.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of 33 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell dramatically to $56K in 2022. Overall, imports recorded a precipitous setback. The smallest decline of -20.2% was in 2020.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands69.451.865.438.0-18.2%
Poland2.82.00.45.021.3%
Romania3.72.21.84.67.5%
Germany12.7N/A1.73.2-36.8%
SpainN/AN/AN/A2.00%
Austria57.41.63.31.9-67.9%
Greece2.32.72.41.1-21.8%
United Kingdom29.981.8N/AN/A173.6%
IndiaN/AN/A15.8N/A0%
Others4.43.7N/A0.2-64.3%
Total18314690.855.9-32.7%

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

  1. Netherlands (5000.0 kg)
  2. Poland (513.0 kg)
  3. Germany (300.0 kg)
  4. Spain (300.0 kg)
  5. Romania (218.0 kg)
  6. Austria (200.0 kg)
  7. Greece (157.0 kg)

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

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Bulgaria dropped significantly to 2.8 tons, shrinking by -75.2% against 2021 figures. Over the period under review, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 275%.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses contracted significantly to $27K in 2022. Overall, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 220% against the previous year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelarusN/AN/A30.119.4-35.5%
Romania30223.668.25.9-73.1%
Greece16.6N/AN/A1.9-51.4%
OthersN/A7.20.60.2-83.3%
Total31830.998.827.5-55.8%

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

  1. Belarus (2000.0 kg)
  2. Romania (700.0 kg)
  3. Greece (100.0 kg)

Source: IndexBox Market Intelligence Platform

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