Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (CIF) - 2022
The average import price for colouring matter; ultramarine and preparations based therea stood at $6,809 per ton in 2022, jumping by 16% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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; ultramarine and preparations based therea increased by +31.9% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 38% against the previous year. The import price peaked at $7,827 per ton in 2017; however, from 2018 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 Italy ($11,244 per ton), while the price for China ($1,901 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $732 per ton, falling by -85% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 138%. The export price peaked at $10,050 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.9% per year.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus
After three years of growth, purchases abroad of colouring matter; ultramarine and preparations based therea decreased by -13.7% to 16 tons in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 79% against the previous year. As a result, imports attained the peak of 19 tons, and then reduced in the following year.
In value terms, imports of colouring matter; ultramarine and preparations based therea reached $111K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.1 | 8.3 | 19.3 | 31.4 | 83.3% |
| Poland | 13.0 | 9.5 | 25.9 | 26.3 | 26.5% |
| Germany | 3.9 | 1.9 | 2.9 | 17.2 | 64.0% |
| Russia | 4.1 | 5.0 | 17.4 | 15.3 | 55.1% |
| India | 0.5 | 0.3 | 5.7 | 8.8 | 160.1% |
| Italy | 9.9 | 22.8 | 26.8 | 3.6 | -28.6% |
| China | 1.9 | 1.9 | 3.7 | 2.0 | 1.7% |
| Lithuania | 5.2 | 2.1 | 2.7 | 1.4 | -35.4% |
| Ukraine | 0.2 | 0.3 | 1.3 | 1.1 | 76.5% |
| Others | 8.8 | 2.3 | 4.6 | 3.6 | -25.8% |
| Total | 52.6 | 54.5 | 110 | 111 | 28.3% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Belarus in 2022:
- Belgium (4.8 tons)
- Russia (3.4 tons)
- Poland (3.0 tons)
- Germany (1.8 tons)
- China (1.1 tons)
- India (1.0 tons)
- Ukraine (0.3 tons)
- Italy (0.3 tons)
- Lithuania (0.2 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus
In 2022, the amount of colouring matter; ultramarine and preparations based therea exported from Belarus surged to 6.8 tons, growing by 1,347% on 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $5K in 2022. Over the period under review, exports, however, recorded a precipitous decrease.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.8 | 2.9 | 2.3 | 5.0 | -20.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.8 | 2.9 | 2.3 | 5.0 | -20.1% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Belarus in 2022:
- Russia (6.8 tons)
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