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

Contents:

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

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,327 per ton, increasing by 10% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $4,910 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Germany ($18,991 per ton), while the price for India ($3,805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), 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 Indonesia (FOB) - 2022

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,037 per ton in March 2022, which is down by -5.1% against the previous month. Over the period under review, the export price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 143% against the previous month. As a result, the export price reached the peak level of $7,243 per ton. From September 2021 to March 2022, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($9,580 per ton), while the average price for exports to Malaysia ($3,300 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.5%), 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 Indonesia

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Indonesia reduced sharply to 1.4K tons, with a decrease of -30.5% against 2021 figures. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23%.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses reduced remarkably to $6M in 2022. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.32.53.62.8-5.3%
China2.11.82.11.4-12.6%
Canada1.01.21.31.00.0%
Philippines0.30.20.20.2-12.6%
Others1.90.60.70.5-35.9%
Total8.76.27.86.0-11.6%

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

  1. India (737.2 tons)
  2. China (291.3 tons)
  3. Canada (221.2 tons)
  4. Philippines (59.1 tons)

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

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of colouring matter; pigments and preparations based on chromium compoundses, which increased by 8% to 468 tons in 2022. The total export volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses surged to $2.4M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5213685106507.7%
China496761491464-2.2%
Thailand2973002703606.6%
PakistanN/A13129629850.8%
Malaysia277194223268-1.1%
Vietnam1291641841576.8%
IraqN/A49.755.159.99.8%
Others12031.364.918315.1%
Total1,8401,9982,0942,4409.9%

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

  1. Thailand (99.0 tons)
  2. Pakistan (88.0 tons)
  3. Malaysia (73.1 tons)
  4. Japan (59.9 tons)
  5. China (55.5 tons)
  6. Vietnam (42.1 tons)
  7. Iraq (18.5 tons)

Source: IndexBox Market Intelligence Platform

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