Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam - 2022
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam (CIF) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,440 per ton, with an increase of 14% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2014 an increase of 24%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 France ($5,953 per ton), while the price for the Netherlands ($3,951 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.0%), 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 Vietnam (FOB) - 2022
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,590 per ton in 2022, increasing by 24% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 34% against the previous year. The export price peaked at $5,535 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($20,201 per ton), while the average price for exports to Kenya ($1,322 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 Tanzania (+43.2%), 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 Vietnam
In 2022, approx. 640 tons of colouring matter; pigments and preparations based on chromium compoundses were imported into Vietnam; which is down by -26.4% on 2021. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 7.3% against the previous year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses shrank remarkably to $3.5M in 2022. Overall, imports showed a abrupt decline. The smallest decline of -3.1% was in 2021.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,419 | 948 | 1,245 | 1,176 | -6.1% |
| China | 1,190 | 1,021 | 529 | 491 | -25.6% |
| South Korea | 969 | 823 | 817 | 376 | -27.1% |
| France | 163 | 370 | 456 | 291 | 21.3% |
| Austria | N/A | 177 | 222 | 287 | 27.3% |
| Netherlands | 4.5 | 156 | 179 | 210 | 260.0% |
| Spain | 142 | 138 | 144 | 154 | 2.7% |
| Indonesia | 90.0 | 138 | 132 | 102 | 4.3% |
| Germany | 62.5 | 58.6 | 67.2 | 96.3 | 15.5% |
| Japan | 103 | 90.2 | 69.9 | 79.4 | -8.3% |
| Thailand | 211 | 104 | 77.8 | 59.6 | -34.4% |
| Canada | 134 | 118 | 16.5 | 42.5 | -31.8% |
| Taiwan (Chinese) | 141 | 87.2 | 103 | 30.9 | -39.7% |
| Others | 147 | 61.0 | 98.2 | 86.1 | -16.3% |
| Total | 4,775 | 4,290 | 4,155 | 3,483 | -10.0% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Vietnam in 2022:
- India (212.7 tons)
- China (88.8 tons)
- South Korea (68.1 tons)
- Netherlands (53.2 tons)
- Austria (52.0 tons)
- France (48.9 tons)
- Spain (26.6 tons)
- Indonesia (18.4 tons)
- Germany (17.4 tons)
- Japan (14.4 tons)
- Thailand (10.4 tons)
- Canada (7.7 tons)
- Taiwan (Chinese) (5.6 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam
In 2022, overseas shipments of colouring matter; pigments and preparations based on chromium compoundses decreased by -41.9% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,051% against the previous year.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses declined sharply to $70K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 750% against the previous year. As a result, the exports attained the peak of $99K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 2.6 | 16.0 | 22.2 | 24.6 | 111.5% |
| Ghana | 3.0 | 8.8 | 11.8 | 9.0 | 44.2% |
| Egypt | N/A | N/A | N/A | 8.1 | 0% |
| United States | N/A | N/A | 11.2 | 6.9 | -38.4% |
| Qatar | 1.1 | 6.9 | 5.0 | 4.4 | 58.7% |
| Tanzania | N/A | 2.1 | 21.6 | 3.7 | 32.7% |
| Kenya | N/A | N/A | N/A | 1.8 | 0% |
| China | N/A | 14.1 | 6.2 | 1.6 | -66.3% |
| Nigeria | N/A | 24.4 | N/A | N/A | 0% |
| Others | 5.0 | 26.2 | 18.9 | 10.0 | 26.0% |
| Total | 11.6 | 98.5 | 96.9 | 69.9 | 82.0% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Vietnam in 2022:
- Ethiopia (9.1 tons)
- Tanzania (1.4 tons)
- Kenya (1.4 tons)
- Ghana (1.3 tons)
- Qatar (0.4 tons)
- Egypt (0.4 tons)
- United States (0.4 tons)
- China (0.1 tons)
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