Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China - 2024
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (FOB) - 2024
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (CIF) - 2024
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (FOB) - 2024
The average export price for colouring matter; pigments and preparations based on chromium compoundses stood at $3,506 per ton in September 2023, picking up by 8.6% against the previous month. Overall, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in June 2023 an increase of 10% m-o-m. The export price peaked at $3,886 per ton in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($4,775 per ton), while the average price for exports to India ($1,000 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (CIF) - 2024
The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $22,571 per ton in September 2023, shrinking by -30.8% against the previous month. Over the period under review, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in April 2023 when the average import price increased by 417% against the previous month. As a result, import price reached the peak level of $53,838 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($102K per ton), while the price for India ($3,656 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China
In 2022, the amount of colouring matter; pigments and preparations based on chromium compoundses exported from China shrank to 4.1K tons, dropping by -8.6% against 2021. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses fell to $16M in 2022. Over the period under review, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24%.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | 1.2 | 2.1 | 2.2 | 22.4% |
| Russia | 1.1 | 1.1 | 1.3 | 2.1 | 24.1% |
| South Korea | 1.6 | 1.8 | 2.6 | 1.5 | -2.1% |
| Indonesia | 2.0 | 1.5 | 1.8 | 1.4 | -11.2% |
| Thailand | 1.1 | 1.0 | 1.4 | 1.4 | 8.4% |
| Vietnam | 5.3 | 2.3 | 1.4 | 1.1 | -40.8% |
| Turkey | 0.5 | 0.6 | 0.8 | 0.7 | 11.9% |
| Malaysia | 1.0 | 0.6 | 1.1 | 0.7 | -11.2% |
| Pakistan | 0.1 | 0.5 | 0.4 | 0.6 | 81.7% |
| Saudi Arabia | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
| South Africa | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| India | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Mexico | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
| Others | 4.2 | 2.9 | 3.9 | 2.4 | -17.0% |
| Total | 18.4 | 14.2 | 17.6 | 15.8 | -5.0% |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from China in 2022:
- Russia (779.6 tons)
- United States (438.3 tons)
- South Korea (343.8 tons)
- Vietnam (343.3 tons)
- Thailand (337.7 tons)
- Indonesia (318.2 tons)
- Turkey (189.8 tons)
- Malaysia (174.3 tons)
- Pakistan (151.7 tons)
- Saudi Arabia (141.1 tons)
- India (133.0 tons)
- Mexico (88.6 tons)
- South Africa (81.1 tons)
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China
After three years of growth, purchases abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -31.3% to 741 tons in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 1.1K tons, and then declined rapidly in the following year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses fell sharply to $8.4M in 2022. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 7%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.1 | 4.7 | 3.4 | 3.3 | -7.0% |
| Germany | 1.6 | 1.4 | 2.4 | 2.0 | 7.7% |
| Canada | 0.9 | 1.1 | 1.1 | 1.4 | 15.9% |
| Malaysia | 0.4 | 0.8 | 0.6 | 0.4 | 0.0% |
| India | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Colombia | 0.6 | 0.6 | 0.3 | 0.3 | -20.6% |
| United States | 1.1 | 0.8 | 1.2 | 0.1 | -55.0% |
| France | 0.5 | 0.4 | 0.9 | N/A | 34.2% |
| Others | 0.7 | 0.7 | 0.5 | 0.5 | -10.6% |
| Total | 10.1 | 10.8 | 10.7 | 8.4 | -6.0% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to China in 2022:
- Canada (282.3 tons)
- Germany (194.7 tons)
- India (75.2 tons)
- Malaysia (52.5 tons)
- Colombia (50.4 tons)
- Japan (42.5 tons)
- France (4.2 tons)
- United States (2.2 tons)
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