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

Contents:

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

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

The average import price for colouring matter; ultramarine and preparations based therea stood at $4,159 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.6% against the previous year. Over the period under review, average import prices hit record highs at $6,747 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Poland ($6,812 per ton), while the price for China ($2,722 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for colouring matter; ultramarine and preparations based therea stood at $9,969 per ton in 2022, picking up by 45% against the previous year. Overall, the export price posted strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 90% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($10,816 per ton), while the average price for exports to Armenia totaled $3,380 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Russia recorded growth in purchases abroad of colouring matter; ultramarine and preparations based therea, which increased by 0.1% to 474 tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of colouring matter; ultramarine and preparations based therea reached $2M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23631831258535.3%
India33.235.241.9504147.6%
Poland308284425226-9.8%
Spain139201285121-4.5%
Lithuania54.511997.111628.6%
TurkeyN/AN/A7.41041305.4%
Germany22228527181.9-28.3%
FranceN/AN/A33947.7-85.9%
Others196139180187-1.6%
Total1,1891,3811,9581,97318.4%

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

  1. China (214.8 tons)
  2. India (101.0 tons)
  3. Spain (34.8 tons)
  4. Poland (33.2 tons)
  5. Lithuania (27.3 tons)
  6. Turkey (17.2 tons)
  7. Germany (13.9 tons)
  8. France (11.1 tons)

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

In 2022, exports of colouring matter; ultramarine and preparations based therea from Russia contracted rapidly to 13 tons, declining by -33.1% on 2021 figures. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 35%.

In value terms, exports of colouring matter; ultramarine and preparations based therea contracted modestly to $130K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 156%. As a result, the exports reached the peak of $134K, and then reduced modestly in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan48.833.310612436.5%
Armenia5.87.52.35.0-4.8%
Belarus6.39.117.9N/A68.6%
UkraineN/A1.9N/AN/A0%
Others1.00.47.50.8-7.2%
Total61.852.213413028.1%

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

  1. Kazakhstan (11.4 tons)
  2. Armenia (1.5 tons)

Source: IndexBox Market Intelligence Platform

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