Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand (CIF) - 2024
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand (CIF) - 2024
In September 2023, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,056 per ton, reducing by -49.5% against the previous month. Overall, the import price saw a drastic downturn. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 18% month-to-month. The import price peaked at $6,201 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($21,463 per ton), while the price for South Africa ($445 per ton) was amongst the lowest.
From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), 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 Thailand (FOB) - 2022
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,721 per ton in 2022, dropping by -4.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2013 an increase of 27%. Over the period under review, the average export prices hit record highs at $6,003 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($12,489 per ton), while the average price for exports to Lao People's Democratic Republic ($2,345 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 Japan (+13.9%), 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 Thailand
In 2022, overseas purchases of colouring matter; pigments and preparations based on chromium compoundses decreased by -19.8% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.4% 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 when imports increased by 31% against the previous year. As a result, imports reached the peak of 2.9K tons, and then reduced dramatically in the following year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped to $10M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $11M, and then fell in the following year.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 3.3 | 3.7 | 3.5 | 15.0% |
| Japan | 1.7 | 1.4 | 2.1 | 2.0 | 5.6% |
| India | 0.8 | 0.8 | 0.9 | 0.9 | 4.0% |
| Canada | 0.8 | 0.5 | 1.0 | 0.6 | -9.1% |
| Malaysia | N/A | 0.2 | 0.5 | 0.4 | 41.4% |
| South Africa | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Indonesia | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| South Korea | 1.7 | 1.0 | 0.8 | 0.2 | -51.0% |
| Others | 1.7 | 1.0 | 1.3 | 2.1 | 7.3% |
| Total | 9.4 | 8.6 | 10.8 | 10.2 | 2.8% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Thailand in 2022:
- China (810.6 tons)
- South Africa (499.1 tons)
- Japan (284.5 tons)
- India (212.7 tons)
- Canada (135.2 tons)
- Malaysia (130.4 tons)
- Indonesia (69.5 tons)
- South Korea (44.4 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand
In 2022, approx. 202 tons of colouring matter; pigments and preparations based on chromium compoundses were exported from Thailand; surging by 9.6% against 2021 figures. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 50%.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses amounted to $1.2M in 2022. Over the period under review, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,236 | 561 | 642 | 781 | -14.2% |
| Vietnam | 90.1 | 127 | 259 | 199 | 30.2% |
| Lao People's Democratic Republic | N/A | 0.9 | 40.0 | 84.6 | 869.5% |
| Myanmar | 0.5 | 2.2 | 15.7 | 35.4 | 313.7% |
| Others | 22.6 | 41.1 | 149 | 55.1 | 34.6% |
| Total | 1,349 | 733 | 1,106 | 1,155 | -5.0% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Thailand in 2022:
- Japan (106.5 tons)
- Vietnam (46.5 tons)
- Lao People's Democratic Republic (36.1 tons)
- Myanmar (4.9 tons)
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