Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India - 2023
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (FOB) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (CIF) - 2022
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,937 per ton, picking up by 20% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($4,498 per ton) and South Africa ($4,383 per ton), while the average price for exports to Indonesia ($3,650 per ton) and Kenya ($3,697 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,210 per ton, increasing by 10% against the previous year. Over the period under review, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 111%. As a result, import price attained the peak level of $9,986 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 Colombia ($7,614 per ton), while the price for the Netherlands ($2,730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India
In 2022, after three years of growth, there was significant decline in shipments abroad of colouring matter; pigments and preparations based on chromium compoundses, when their volume decreased by -15.9% to 11K tons. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%. As a result, the exports reached the peak of 13K tons, and then shrank remarkably in the following year.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses reached $44M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.2 | 4.5 | 6.2 | 7.8 | 22.9% |
| Turkey | 2.9 | 4.9 | 4.6 | 6.0 | 27.4% |
| Russia | 1.1 | 1.3 | 2.5 | 4.3 | 57.5% |
| South Africa | 2.4 | 2.4 | 3.1 | 3.4 | 12.3% |
| Indonesia | 3.1 | 2.4 | 3.3 | 2.6 | -5.7% |
| Vietnam | 1.9 | 2.0 | 2.1 | 2.2 | 5.0% |
| Nigeria | 1.7 | 1.3 | 2.3 | 1.8 | 1.9% |
| Saudi Arabia | 1.9 | 2.2 | 1.9 | 1.7 | -3.6% |
| Bangladesh | 1.6 | 1.6 | 1.6 | 1.6 | 0.0% |
| Malaysia | 1.4 | 1.5 | 1.6 | 1.4 | 0.0% |
| Thailand | 0.8 | 0.8 | 0.8 | 1.0 | 7.7% |
| Kenya | 0.9 | 1.0 | 0.8 | 1.0 | 3.6% |
| Egypt | 1.1 | 1.2 | 1.4 | 0.8 | -10.1% |
| Others | 12.9 | 11.1 | 11.3 | 8.4 | -13.3% |
| Total | 37.7 | 38.3 | 43.6 | 43.9 | 5.2% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from India in 2022:
- United Arab Emirates (2000.4 tons)
- Turkey (1611.2 tons)
- Russia (951.7 tons)
- South Africa (767.5 tons)
- Indonesia (703.2 tons)
- Vietnam (585.5 tons)
- Nigeria (449.8 tons)
- Saudi Arabia (432.3 tons)
- Bangladesh (392.2 tons)
- Malaysia (360.0 tons)
- Kenya (271.2 tons)
- Thailand (257.4 tons)
- Egypt (206.2 tons)
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India
In 2022, purchases abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -3% to 330 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. As a result, imports attained the peak of 341 tons, and then fell modestly in the following year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded sharply to $1.4M in 2022. In general, imports, however, saw a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 130%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 236 | 195 | 495 | 487 | 27.3% |
| Belgium | 79.8 | 16.3 | 23.7 | 321 | 59.0% |
| Hong Kong SAR | 513 | 25.6 | 5.1 | 158 | -32.5% |
| France | 38.9 | 2.7 | 21.4 | 113 | 42.7% |
| Germany | 34.4 | 27.8 | 99.5 | 109 | 46.9% |
| China | 12.8 | 243 | 278 | 79.2 | 83.6% |
| Colombia | 108 | 0.1 | N/A | 37.6 | -29.7% |
| Others | 227 | 56.8 | 381 | 87.5 | -27.2% |
| Total | 1,250 | 567 | 1,304 | 1,391 | 3.6% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to India in 2022:
- Netherlands (178.3 tons)
- Belgium (59.0 tons)
- Hong Kong SAR (23.0 tons)
- China (21.0 tons)
- France (20.1 tons)
- Germany (17.7 tons)
- Colombia (4.9 tons)
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