Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (FOB) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (CIF) - 2022
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (FOB) - 2022
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $5,792 per ton in 2022, rising by 23% against the previous year. Over the period under review, the export price recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 132%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
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 the United States ($48,183 per ton), while the average price for exports to South Africa ($1,157 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 Belgium (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $8,298 per ton, growing by 7% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +99.3% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 38%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 ($10,241 per ton), while the price for Canada ($4,127 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK
In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from the UK fell significantly to 228 tons, shrinking by -46.6% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 11%.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses declined markedly to $1.3M in 2022. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 680 | 535 | 505 | 348 | -20.0% |
| Netherlands | 30.6 | 9.8 | 17.2 | 346 | 124.4% |
| United States | 102 | 34.1 | 909 | 202 | 25.6% |
| South Africa | 566 | 109 | 173 | 187 | -30.9% |
| France | 142 | 219 | 14.9 | 109 | -8.4% |
| Portugal | 0.7 | 8.3 | N/A | 23.8 | 224.0% |
| Ireland | 300 | 67.8 | 143 | 11.0 | -66.8% |
| Qatar | 58.9 | N/A | N/A | N/A | 0% |
| Denmark | 147 | 131 | 25.1 | N/A | -58.7% |
| Romania | 59.2 | 16.4 | N/A | N/A | -72.3% |
| Others | 360 | 469 | 222 | 94.0 | -36.1% |
| Total | 2,446 | 1,600 | 2,008 | 1,321 | -18.6% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from the UK in 2022:
- South Africa (161.3 tons)
- Germany (20.9 tons)
- Netherlands (12.9 tons)
- Ireland (8.3 tons)
- Portugal (5.3 tons)
- France (5.2 tons)
- United States (4.2 tons)
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK
For the third consecutive year, the UK recorded decline in overseas purchases of colouring matter; pigments and preparations based on chromium compoundses, which decreased by -44.9% to 99 tons in 2022. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -29.6% was in 2020.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses contracted rapidly to $822K in 2022. Overall, imports saw a sharp reduction. The smallest decline of -4.9% was in 2020.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 537 | 353 | 468 | 316 | -16.2% |
| Netherlands | 329 | 745 | 264 | 285 | -4.7% |
| Spain | N/A | 2.7 | 56.1 | 89.4 | 475.4% |
| France | 56.1 | 48.1 | 44.2 | 42.1 | -9.1% |
| Canada | 461 | 46.9 | 386 | 39.3 | -56.0% |
| Italy | 80.9 | N/A | 2.7 | 7.8 | -54.1% |
| Ireland | 62.6 | 0.6 | N/A | N/A | -99.0% |
| Indonesia | 20.5 | 94.0 | 72.7 | N/A | 88.3% |
| Others | 68.7 | 247 | 101 | 42.1 | -15.1% |
| Total | 1,616 | 1,537 | 1,395 | 822 | -20.2% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to the UK in 2022:
- Netherlands (35.4 tons)
- Germany (30.8 tons)
- Spain (11.8 tons)
- Canada (9.5 tons)
- France (7.8 tons)
- Italy (1.9 tons)
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