Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey (CIF) - 2024
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey (CIF) - 2024
The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $3,807 per ton in September 2023, with a decrease of -17.2% against the previous month. In general, the import price showed a mild downturn. The most prominent rate of growth was recorded in June 2023 an increase of 25% m-o-m. The import price peaked at $4,806 per ton in July 2023; however, from August 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 Mexico ($11,142 per ton), while the price for China ($3,369 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+5.6%), 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 Turkey (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,230 per ton, waning by -3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2020 an increase of 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,416 per ton in 2021, and then dropped slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($6,429 per ton), while the average price for exports to Tunisia ($1,485 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 the Netherlands (+37.6%), 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 Turkey
Imports of colouring matter; pigments and preparations based on chromium compoundses into Turkey totaled 2.8K tons in 2022, with an increase of 5.6% on the year before. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of 2.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses surged to $13M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 5.1 | 4.7 | 6.2 | 30.3% |
| Canada | 3.9 | 3.9 | 4.5 | 3.9 | 0.0% |
| China | 0.5 | 0.7 | 0.9 | 1.0 | 26.0% |
| Colombia | 0.5 | 0.5 | 0.3 | 0.6 | 6.3% |
| Mexico | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Others | 0.9 | 0.6 | 0.5 | 0.8 | -3.9% |
| Total | 9.0 | 10.9 | 11.0 | 12.9 | 12.7% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Turkey in 2022:
- India (1514.7 tons)
- Canada (806.4 tons)
- China (201.2 tons)
- Colombia (115.0 tons)
- Mexico (55.4 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of colouring matter; pigments and preparations based on chromium compoundses, which increased by 21% to 277 tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $1.5M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 86.7 | 313 | 697 | 1,006 | 126.4% |
| Austria | 56.4 | 148 | 286 | 219 | 57.2% |
| Netherlands | N/A | N/A | 11.9 | 72.9 | 512.6% |
| Azerbaijan | 47.1 | 28.7 | 27.1 | 38.0 | -6.9% |
| Tunisia | 134 | N/A | N/A | 0.1 | -90.9% |
| Indonesia | 16.0 | 11.9 | 77.4 | N/A | 119.9% |
| Egypt | N/A | 87.5 | N/A | N/A | 0% |
| Others | 61.7 | 51.1 | 141 | 114 | 22.7% |
| Total | 402 | 640 | 1,240 | 1,450 | 53.4% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Turkey in 2022:
- Russia (195.7 tons)
- Austria (34.1 tons)
- Netherlands (18.4 tons)
- Azerbaijan (7.1 tons)
- Tunisia (0.1 tons)
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