Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Libya - 2022

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Libya (CIF) - 2022
  2. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Libya

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $3,262 per ton in 2022, declining by -25.3% against the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 100% against the previous year. Over the period under review, average import prices attained the peak figure at $7,301 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($4,784 per ton), while the price for China ($2,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 1.1 tons of colouring matter; ultramarine and preparations based therea were imported into Libya; falling by -90.7% on the previous year's figure. In general, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 434% against the previous year. As a result, imports reached the peak of 11 tons, and then shrank notably in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea reduced rapidly to $3.4K in 2022. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 970% against the previous year. As a result, imports attained the peak of $49K, and then dropped significantly in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.10.40.51.35.7%
China8.92.53.31.2-48.7%
Tunisia2.31.72.91.0-24.2%
Spain7.7N/AN/AN/A0%
EgyptN/AN/A42.4N/A0%
OthersN/AN/AN/AN/A0%
Total20.04.649.23.4-44.6%

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

  1. China (520.0 kg)
  2. Turkey (273.0 kg)
  3. Tunisia (258.0 kg)

Source: IndexBox Market Intelligence Platform

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