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

Contents:

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

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,744 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 7.9%. Over the period under review, average import prices reached the maximum at $4,647 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Korea ($7,594 per ton), while the price for China ($2,726 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,303 per ton in 2022, with an increase of 92% against the previous year. In general, the export price continues to indicate resilient growth. Over the period under review, the average export prices attained the peak figure at $7,211 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($16,507 per ton), while the average price for exports to Kyrgyzstan ($1,966 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+50.8%), 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 Iran

In 2022, supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses was finally on the rise to reach 1.1K tons after two years of decline. Over the period under review, imports, however, recorded a deep contraction.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses expanded modestly to $4.1M in 2022. In general, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 3.7%.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3,9962,6342,4552,512-14.3%
United Arab Emirates98.7529926860105.8%
Switzerland24115053.02784.9%
South Korea10511712616716.7%
Germany28.251.516211760.7%
China25521544.07.2-69.5%
Others62.710317612124.5%
Total4,7863,7993,9414,062-5.3%

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

  1. India (729.9 tons)
  2. United Arab Emirates (219.7 tons)
  3. Switzerland (69.4 tons)
  4. South Korea (22.1 tons)
  5. Germany (21.0 tons)
  6. China (2.6 tons)

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

In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from Iran fell notably to 2.3 tons, reducing by -85.3% on 2021 figures. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 477%.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses dropped sharply to $12K in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 154% against the previous year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark9.613.225.77.7-7.1%
KyrgyzstanN/A8.212.43.2-37.5%
Azerbaijan4.73.64.41.1-38.4%
Armenia1.41.21.70.5-29.1%
BelgiumN/A17.6N/AN/A0%
Others1.6N/AN/AN/A0%
Total17.243.844.312.4-10.3%

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

  1. Kyrgyzstan (1617.0 kg)
  2. Denmark (591.0 kg)
  3. Armenia (69.0 kg)
  4. Azerbaijan (67.0 kg)

Source: IndexBox Market Intelligence Platform

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