Price for Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,823 per ton, picking up by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2019 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($9,723 per ton), while the price for India ($2,955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $8,815 per ton, picking up by 6.1% against the previous year. In general, the export price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices hit record highs at $12,469 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Zimbabwe ($12,233 per ton), while the average price for exports to Botswana ($5,263 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 Mozambique (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa
In 2022, imports of colouring matter; ultramarine and preparations based therea into South Africa soared to 231 tons, picking up by 33% compared with the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +59.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 39%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $1.1M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 489 | 590 | 574 | 795 | 17.6% |
| India | 35.1 | 71.6 | 34.9 | 122 | 51.5% |
| Colombia | 36.0 | 29.7 | 79.2 | 93.8 | 37.6% |
| Romania | N/A | N/A | 10.7 | 59.9 | 459.8% |
| China | 61.6 | 67.7 | 77.7 | 20.0 | -31.3% |
| France | 4.5 | 42.8 | 42.0 | 4.6 | 0.7% |
| Others | 0.4 | N/A | 8.8 | 19.8 | 267.2% |
| Total | 626 | 801 | 827 | 1,115 | 21.2% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to South Africa in 2022:
- Spain (156.5 tons)
- India (41.3 tons)
- Romania (15.0 tons)
- Colombia (9.7 tons)
- China (5.0 tons)
- France (1.0 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa
In 2022, approx. 13 tons of colouring matter; ultramarine and preparations based therea were exported from South Africa; rising by 392% compared with the previous year's figure. Overall, exports posted significant growth. 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 soared to $118K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | 8.3 | 15.2 | 24.0 | 70.0% |
| Gabon | N/A | N/A | N/A | 18.2 | 0% |
| Zimbabwe | 12.1 | N/A | 4.9 | 16.0 | 9.8% |
| Botswana | N/A | 1.5 | N/A | 15.3 | 219.4% |
| Tanzania | N/A | N/A | N/A | 13.8 | 0% |
| Mexico | N/A | N/A | N/A | 3.4 | 0% |
| Ghana | N/A | 10.2 | 1.5 | 3.1 | -44.9% |
| Swaziland | 2.9 | 2.8 | 0.7 | N/A | -50.9% |
| Others | 3.3 | 4.0 | 0.3 | 23.9 | 93.5% |
| Total | 18.3 | 26.8 | 22.6 | 118 | 86.1% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from South Africa in 2022:
- Nigeria (3.5 tons)
- Botswana (2.9 tons)
- Gabon (2.5 tons)
- Tanzania (1.7 tons)
- Zimbabwe (1.3 tons)
- Ghana (0.5 tons)
- Mexico (0.5 tons)
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