Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Malaysia - 2024

Contents:

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

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

The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,799 per ton in 2022, picking up by 3.1% against the previous year. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. The import price peaked at $6,759 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($23,316 per ton), while the price for Indonesia ($3,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.5%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $7,189 per ton, picking up by 13% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 88%. Over the period under review, the average export prices reached the peak figure at $7,895 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($14,054 per ton), while the average price for exports to India ($3,731 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 Vietnam (+8.3%), 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 Malaysia

In 2022, purchases abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -25.9% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses shrank rapidly to $6.4M in 2022. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 6.7%.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0653,4942,9562,2783.3%
India2,5852,5062,7762,025-7.8%
Taiwan (Chinese)4633684515717.2%
Germany11621833237347.6%
Japan435534597298-11.8%
Indonesia264148171233-4.1%
Canada548211369214-26.9%
United States12297.711417713.2%
Singapore16791.916282.7-20.9%
Others637228475166-36.1%
Total7,4037,8978,4016,417-4.7%

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

  1. China (491.1 tons)
  2. India (367.7 tons)
  3. Indonesia (62.4 tons)
  4. Taiwan (Chinese) (40.1 tons)
  5. Canada (38.8 tons)
  6. Germany (38.2 tons)
  7. United States (24.2 tons)
  8. Japan (12.8 tons)
  9. Singapore (12.6 tons)

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

Exports of colouring matter; pigments and preparations based on chromium compoundses from Malaysia shrank rapidly to 72 tons in 2022, waning by -17.3% on the year before. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses shrank to $520K in 2022. In general, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when exports increased by 111% against the previous year.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2838.0320282-0.1%
VietnamN/A35.721.089.958.7%
Singapore94.467.960.762.1-13.0%
Indonesia1085.016.428.1-36.2%
Yemen12.512.326.124.224.6%
EgyptN/AN/A12.713.34.7%
India4.48.4N/A6.212.1%
Thailand61.62.11.9N/A-82.4%
Bangladesh28.419.13.2N/A-66.4%
PakistanN/A65.9N/AN/A0%
Others1.438.593.913.8114.4%
Total594263556520-4.3%

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

  1. China (39.5 tons)
  2. Singapore (11.0 tons)
  3. Vietnam (6.4 tons)
  4. Yemen (5.2 tons)
  5. Indonesia (5.1 tons)
  6. India (1.7 tons)
  7. Egypt (1.4 tons)

Source: IndexBox Market Intelligence Platform

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