Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia - 2023

Contents:

1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia (FOB) - 2022
2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia (CIF) - 2022
3. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia
4. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $23,132 per ton, dropping by -35.2% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $41,585 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($35,239 per ton), while the average price for exports to Turkey stood at $20,019 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-1.6%).

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $9,332 per ton, waning by -25.5% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 257%. Over the period under review, average import prices hit record highs at $27,689 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($27,667 per ton), while the price for Germany ($7,671 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia

In 2022, the amount of colouring matter; ultramarine and preparations based therea exported from Estonia skyrocketed to 590 kg, with an increase of 1,211% compared with the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,150%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $14K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 2,196% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Estonia in 2022:

1. Turkey (478.0 kg)
2. Russia (109.0 kg)

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Estonia

In 2022, imports of colouring matter; ultramarine and preparations based therea into Estonia soared to 1.1 tons, picking up by 16% against the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +58.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of colouring matter; ultramarine and preparations based therea declined to $11K in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $12K, and then shrank in the following year.

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Estonia in 2022:

1. Russia (825.0 kg)
2. Germany (240.0 kg)
3. Sweden (49.0 kg)
4. France (15.0 kg)

Source: IndexBox Market Intelligence Platform