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

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Libya (CIF) - 2022
  2. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Libya

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

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,911 per ton, with an increase of 34% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.2% 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 +40.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6,861 per ton), while the price for Tunisia totaled $4,712 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+73.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of colouring matter; pigments and preparations based on chromium compoundses into Libya surged to 5.4 tons in 2022, growing by 126% on the previous year. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 238% against the previous year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $32K in 2022. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 236% against the previous year. Imports peaked 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 Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A20.80%
Tunisia2.3N/A10.511.370.0%
China21.0N/AN/AN/A0%
NetherlandsN/A3.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.33.110.532.111.3%

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

  1. Turkey (3.0 tons)
  2. Tunisia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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