Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the UK - 2024
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (CIF) - 2024
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (FOB) - 2024
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (CIF) - 2024
In August 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $5,134 per ton, declining by -3.5% against the previous month. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in February 2023 an increase of 12% m-o-m. As a result, import price reached the peak level of $8,005 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Ireland ($10,707 per ton), while the price for Germany ($3,697 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (FOB) - 2024
The average export price for colouring matter; ultramarine and preparations based therea stood at $4,099 per ton in August 2023, dropping by -35.1% against the previous month. Over the period under review, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 31% against the previous month. As a result, the export price attained the peak level of $6,313 per ton, and then fell dramatically in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Belgium ($12,348 per ton), while the average price for exports to the Netherlands ($2,986 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK
In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea increased by 61% to 792 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt contraction.
In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $5.2M in 2022. Over the period under review, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,511 | 854 | 711 | 1,758 | 5.2% |
| Japan | N/A | N/A | N/A | 943 | 0% |
| India | 391 | 292 | 354 | 833 | 28.7% |
| France | 886 | 611 | 333 | 818 | -2.6% |
| Germany | 307 | 401 | 394 | 276 | -3.5% |
| Ireland | 362 | 300 | 238 | 125 | -29.8% |
| Others | 456 | 276 | 212 | 452 | -0.3% |
| Total | 3,913 | 2,733 | 2,242 | 5,204 | 10.0% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to the UK in 2022:
- Spain (379.2 tons)
- India (164.7 tons)
- France (118.3 tons)
- Germany (46.3 tons)
- Japan (28.5 tons)
- Ireland (16.0 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK
In 2022, approx. 231 tons of colouring matter; ultramarine and preparations based therea were exported from the UK; almost unchanged from the year before. Over the period under review, exports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 997 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of colouring matter; ultramarine and preparations based therea shrank to $1.2M in 2022. Overall, exports, however, recorded a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of $3.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 753 | 955 | 648 | 555 | -9.7% |
| France | 495 | 1,078 | 146 | 227 | -22.9% |
| Germany | 321 | 232 | 256 | 225 | -11.2% |
| Egypt | N/A | N/A | N/A | 44.2 | 0% |
| India | 33.8 | 5.9 | 43.0 | 35.4 | 1.6% |
| Ireland | 119 | 38.8 | 49.9 | 24.5 | -41.0% |
| Sweden | 3.9 | 34.8 | N/A | 13.7 | 52.0% |
| Italy | 632 | 367 | 19.6 | 10.0 | -74.9% |
| Poland | 35.6 | 361 | 48.7 | 8.4 | -38.2% |
| Spain | 9.9 | 127 | 10.2 | N/A | 1.5% |
| Others | 312 | 340 | 194 | 102 | -31.1% |
| Total | 2,715 | 3,541 | 1,416 | 1,245 | -22.9% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from the UK in 2022:
- Belgium (103.9 tons)
- France (52.0 tons)
- Germany (34.4 tons)
- India (8.8 tons)
- Egypt (8.0 tons)
- Sweden (7.6 tons)
- Ireland (3.7 tons)
- Italy (1.5 tons)
- Poland (1.0 tons)
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