Price for Colouring Matter; Ultramarine and Preparations Based Thereon in China - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in China (CIF) - 2024
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in China (FOB) - 2024
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in China
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in China
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in China (CIF) - 2024
In September 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $2,616 per ton, declining by -41.1% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 64% m-o-m. As a result, import price attained the peak level of $4,445 per ton, and then declined remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($7,197 per ton), while the price for Uzbekistan ($1,741 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 India (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in China (FOB) - 2024
The average export price for colouring matter; ultramarine and preparations based therea stood at $2,280 per ton in September 2023, waning by -12.9% against the previous month. In general, the export price recorded a abrupt contraction. The growth pace was the most rapid in March 2023 an increase of 12% month-to-month. As a result, the export price reached the peak level of $4,111 per ton. From April 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Vietnam ($4,687 per ton), while the average price for exports to the UK ($900 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in China
In 2022, supplies from abroad of colouring matter; ultramarine and preparations based therea decreased by -0.3% to 6.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year.
In value terms, imports of colouring matter; ultramarine and preparations based therea expanded to $20M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.2 | 8.5 | 6.9 | 7.3 | 5.6% |
| Uzbekistan | N/A | 1.1 | 3.6 | 4.7 | 106.7% |
| Spain | 2.3 | 1.9 | 3.4 | 2.5 | 2.8% |
| Colombia | 0.4 | 0.8 | 1.0 | 1.7 | 62.0% |
| Romania | 1.8 | 1.4 | 2.2 | 1.4 | -8.0% |
| India | 0.5 | 0.6 | 0.5 | 0.6 | 6.3% |
| Others | 1.2 | 1.3 | 1.7 | 1.4 | 5.3% |
| Total | 12.4 | 15.6 | 19.2 | 19.6 | 16.5% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to China in 2022:
- Uzbekistan (3167.7 tons)
- France (1425.2 tons)
- Colombia (705.0 tons)
- Spain (493.0 tons)
- Romania (376.0 tons)
- India (138.7 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in China
After three years of growth, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -7.9% to 2.7K tons in 2022. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; 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 when exports increased by 19%. As a result, the exports reached the peak of 3K tons, and then reduced in the following year.
In value terms, exports of colouring matter; ultramarine and preparations based therea reduced modestly to $8.5M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of $8.5M, leveling off in the following year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 482 | 573 | 1,874 | 1,536 | 47.2% |
| Thailand | 592 | 653 | 1,069 | 1,491 | 36.1% |
| Indonesia | 498 | 271 | 651 | 862 | 20.1% |
| Mexico | 471 | 277 | 331 | 591 | 7.9% |
| Russia | 236 | 318 | 312 | 585 | 35.3% |
| United States | 210 | 96.9 | 237 | 551 | 37.9% |
| Iran | 343 | 265 | 230 | 362 | 1.8% |
| Pakistan | 236 | 216 | 370 | 354 | 14.5% |
| South Korea | 450 | 404 | 664 | 272 | -15.4% |
| Taiwan (Chinese) | 153 | 170 | 287 | 202 | 9.7% |
| Myanmar | 50.1 | 47.1 | 22.3 | 158 | 46.6% |
| United Arab Emirates | 53.9 | 354 | 227 | 158 | 43.1% |
| Turkey | 37.7 | 202 | 171 | 124 | 48.7% |
| Others | 1,901 | 2,501 | 2,080 | 1,274 | -12.5% |
| Total | 5,713 | 6,348 | 8,525 | 8,519 | 14.2% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from China in 2022:
- Vietnam (569.7 tons)
- Indonesia (320.5 tons)
- Thailand (318.4 tons)
- Russia (214.7 tons)
- Pakistan (176.4 tons)
- Mexico (161.5 tons)
- Iran (150.9 tons)
- United States (134.2 tons)
- Turkey (61.0 tons)
- United Arab Emirates (58.9 tons)
- South Korea (52.8 tons)
- Taiwan (Chinese) (52.6 tons)
- Myanmar (43.3 tons)
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