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

Contents:

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

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

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,144 per ton, surging by 29% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($11,062 per ton), while the price for Mexico ($363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $4,197 per ton, declining by -2% against the previous year. Overall, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,395 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($24,933 per ton), while the average price for exports to Costa Rica ($3,671 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 Bolivia (+27.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of colouring matter; ultramarine and preparations based therea decreased by -26.6% to 234 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of 319 tons, and then reduced remarkably in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea declined to $970K in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $1M, and then dropped in the following year.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia33745043356018.4%
France10612311314310.5%
India42.334.511610334.5%
China59.669.113672.16.6%
Chile85.974.517743.0-20.6%
Mexico18.022.322.923.08.5%
Others42.050.027.125.8-15.0%
Total6918231,02697012.0%

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

  1. Colombia (88.2 tons)
  2. Mexico (63.3 tons)
  3. India (34.8 tons)
  4. France (19.9 tons)
  5. China (15.1 tons)
  6. Chile (9.8 tons)

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

For the fourth year in a row, Peru recorded growth in shipments abroad of colouring matter; ultramarine and preparations based therea, which increased by 9.5% to 2.6 tons in 2022. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of colouring matter; ultramarine and preparations based therea reached $11K in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.3% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica6.07.89.29.014.5%
Bolivia1.71.40.71.4-6.3%
Others1.10.30.30.5-23.1%
Total8.89.410.110.97.4%

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

  1. Costa Rica (2452.0 kg)
  2. Bolivia (119.0 kg)

Source: IndexBox Market Intelligence Platform

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